Bear, Stearns Securities Corp. v. Gredd

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• posing the question as whether the interest transferred would have been available to satisfy other creditors and noting courts on both sides of the question
• construing the text and policy of Bankruptcy Code § 548(a)(1), the court ruled that the definition of \an interest of the debtor in property\ requires proof of harm to the bankruptcy estate
• “[Section] 548(a)(1)(A) only permits a trustee to avoid a transfer of an interest of the debtor in property when, but for the transfer, such property interest would have been available to at least one of the debtor’s creditors.”

Source: CourtListener parenthetical corpus (CC0).