No. 23-425

Douglas F. Mann v. LSQ Funding Group, L.C.

Lower Court: Seventh Circuit
Docketed: 2023-10-23
Status: Denied
Type: Paid
Tags: bankruptcy-code creditor-rights creditors diminution-doctrine estate-benefit estate-property fraudulent-transfer preference-law property-interest trustee-recovery
Latest Conference: 2024-01-05
Question Presented (from Petition)

when a debtor defrauds a new creditor into making payment of an existing creditor's claims, whether the trustee seeking to avoid the fraudulent transfer also must demonstrate "diminution" or "harm" to the estate or creditors generally.

Question Presented (AI Summary)

Whether a trustee seeking to avoid a fraudulent transfer must demonstrate 'diminution' or 'harm' to the estate or creditors generally when the debtor defrauds a new creditor into making payment of an existing creditor's claims

Docket Entries

2024-01-08
Petition DENIED.
2023-12-06
DISTRIBUTED for Conference of 1/5/2024.
2023-11-28
Reply of petitioner Douglas F. Mann, as Chapter 7 Trustee of the Estate of Engstrom, Inc. filed.
2023-11-22
2023-10-16
Petition for a writ of certiorari filed. (Response due November 22, 2023)

Attorneys

Douglas F. Mann, as Chapter 7 Trustee of the Estate of Engstrom, Inc.
Randall L. KleinGoldberg Kohn Ltd., Petitioner
LSQ Funding Group, L.C.
Thomas L. Shriner Jr.Foley & Lardner, LLP, Respondent