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· 10/10/1997

Erie Marine Enterprises, Inc. v. Algoma Central Marine (In Re Erie Marine Enterprises, Inc.)

Citations

  • 213 B.R. 799
  • 38 Collier Bankr. Cas. 2d 1504
  • 1997 Bankr. LEXIS 1641
  • 31 Bankr. Ct. Dec. (CRR) 724
  • 1997 WL 629794

How courts have described this case

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

  • holding that an accord and satisfaction is not a defense to a fraudulent transfer action because even if the elements of accord and satisfaction are met, the court must still determine whether reasonably equivalent value was exchanged
  • § 548 “does not require exact equality but rather reasonable equivalence”

Source: CourtListener parenthetical corpus (CC0).

Judges: Warren W. Bentz

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.