PHILADELPHIA - A panel of the Third Circuit U.S. Court of Appeals on May 21 vacated and remanded a ruling that a debtor could not treat its parent company's change in corporate tax status, which changed the debtor's tax obligation, as a fraudulent transfer (The Majestic Star LLC v. Barden Development Inc., et al. $(In Re: The Majestic Star Casinio LLC$), No. 12-3201, Chapter 11, 3rd Cir.; 2013 U.S. App. LEXIS 10186).