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· 2/2/1988

Boston Trading Group, Inc. v. Robert A. Burnazos, Boston Trading Group, Inc. v. Robert A. Burnazos

Citations

  • 835 F.2d 1504

How courts have described this case

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

  • recognizing that “courts and commentators have had difficulty determining the meaning of ‘good faith’ in [the] definition of ‘fair consideration.’ ”
  • stating that courts should avoid confusing a \fraudulent transfer\ with situations involving \a form of initial dishonesty ... that itself happens to be called fraud\
  • “Fraudulent conveyance law is basically concerned with transfers that ‘hinder, delay or defraud’ creditors; it is not ordinarily concerned with how such debts were created.”
  • Massachusetts courts treat an investment advisor’s wrongful taking of his clients’ money as an embezzlement and impose a constructive trust upon the funds and those who knowledgeably take them
  • fraudulent conveyance law exists “for very different purposes” that does not include at- tempts “to choose among” creditors as contrasted with Nos. 10-3787, 10-3990 & 11-1123 15 restitution and preferences

Source: CourtListener parenthetical corpus (CC0).

Judges: Campbell, Garth, Breyer

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.