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Michael Blumenthal v. Jerry Cronk (In re M & M Mktg., LLC and Premier Fighter, LLC), invol. Ch. 7, BK09-81458-TJM, A11-8096-TJM (Jan. 15, 2013)

On the trustee's complaint to recover allegedly fraudulent transfers made by the debtors in repaying investors in what essentially was a Ponzi scheme, the court denied summary judgment, allowing the transferees to put on evidence of their good faith as a defense under the Uniform Fraudulent Transfer Act.

Date: 
Tuesday, January 15, 2013
Judge: 
Judge Timothy J. Mahoney (Retired)