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Trustee's Action To Recover Fraudulent Transfers Is Valid, Bankruptcy Judge Affirms

WILMINGTON, Del. - The bankruptcy judge presiding over the Chapter 11 proceeding of DBSI Inc. in the U.S. Bankruptcy Court for the District of Delaware on March 23 denied a motion to dismiss a Chapter 11 trustee's lawsuit for the recovery of fraudulent transfers, arguing that the defendant did not meet its burden (James R. Zazzali v. 1031 Exchange Group LLC [In Re: DBSI Inc.],  No. 08-12687, Chapter 11, D. Del. Bkcy.; 2012 Bankr. LEXIS 1233).

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