In February 2020, the Delaware bankruptcy court in In re DSL Renal Holdings, LLC concluded that, under 11 U.S.C § 550(a), a trustee cannot seek recovery from avoidance actions that exceed the total amount of unsecured creditor’s claims in the case.[1] The court relied on Third Circuit interpretations of the Code’s limiting phrase “for the […]
Last week the National Association of Bankruptcy Trustees (NABT) hosted their Annual Conference in downtown Denver, CO. The four day conference began on Thursday, August 22nd, holding various educational sessions, congressional speaking panels and networking opportunities throughout the weekend. The Annual Conference aims to provide attendees with the opportunity to learn from their colleagues, share […]