Bankruptcy Law

Upstream Guaranties, Security Interests Ruled Fraudulent Transfers by 11th Circuit

, The Legal Intelligencer


No segment of the United States economy was more affected by the Great Recession than the homebuilding industry. Only now, in 2012, are signs of recovery beginning to emerge. It is fitting that one of the most significant bankruptcy cases — if measured by law-firm alerts, panel discussions and email blasts — involves a bankrupt homebuilder. This case also demonstrates how judges can review the same factual record and come to opposite legal conclusions.

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