The Bankruptcy Court for the District of Massachusetts recently ruled that courts can shift the burden of production to a defendant to quantify the value of indirect benefits purportedly received by a debtor accused of making a fraudulent transfer. Ryan Blackney, a member of the Litigation Practice Group and Fraud and Internal Investigations Team, and Elizabeth Janczak, a member of the Bankruptcy and Financial Restructuring Practice Group, write about the impact of the case decision in, "Fraudulent Transfers and Reasonably Equivalent Value: Shifting the Burden of Production to Defendants," which was published on the American Bankruptcy Institute's Committees website.
Read the full article, Fraudulent Transfers and Reasonably Equivalent Value: Shifting the Burden of Production to Defendants.
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