U.S. High Court Will Not Hear Bankruptcy Case Dealing With Fraudulent Transfers

WASHINGTON, D.C. - The U.S. Supreme Court on Oct. 7 refused to hear a case in which the 10th Circuit U.S. Court of Appeals had affirmed that fraudulently transferred property is not part of a bankruptcy estate until it is recovered (Eric C. Rajala v. Robert H. Gardner, et al, No. 12-1447, Chapter 7, U.S. Sup.).

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