Summary
The 3rd Circuit affirmed an examiner's determination that debtors should be released from any fraudulent transfer claims arising from a leveraged recapitalization occurring two years before the bankruptcy.
In re PWS Holding Corporation
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See Also
Business Enterprise Valuation Showing Solvency Precludes Fraudulent Transfer Claims
The issue in this Chapter 11 reorganization plan appeal involved the court-appointed examiner's assessment of Bruno's Inc.'s leveraged recapitalization.