Breeden v. L.I. Bridge Fund, LLC (In Re Bennett Funding Group, Inc.)

How courts have described this case

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

• “[Section 548(c) ] has been con strued as an affirmative defense, all elements of which must be proven by the defendant-transferee.”
• issue is whether transferee “has an honest belief in the propriety of the activities in question, no intent to take unconscionable advantage of others, no actual intent to defraud others, and no knowledge that the transaction would operate to defraud others”

Source: CourtListener parenthetical corpus (CC0).