Chhetri v. Holder

How courts have described this case

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

• holding that payment of bonus promised to salesman to induce him to join the debtor’s sale force was in satisfaction of a legal obligation of the debtor and the debtor had received reasonably equivalent value in the form of the salesman’s services
• stating the general rule that if an obligation is avoided, the transfers made on account of that obligation are not necessarily for reasonably equivalent value but finding in that case that they were for value and not constructively fraudulent transfers

Source: CourtListener parenthetical corpus (CC0).