FIDELITY BOND AND MORTG. CO. v. Brand

How courts have described this case

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

• noting that the Bankruptcy Court below found that promissory notes constitute transfers and obligations under the Pennsylvania Uniform Fraudulent Transfers Act (“PUFTA”)
• stating that “[c]ourts evaluating the unreasonably small assets test compare the company to others in the industry” and noting that bankruptcy court credited trial testimony of defendants’ expert on this topic
• “The constructive fraud provisions of the PUFTA and the Bankruptcy Code should be construed and interpreted uniformly because consistency between the two statutes was a goal of those who drafted the PUFTA and who have since interpreted it.”
• \The constructive fraud provisions of the PUFTA and the Bankruptcy Code should be construed and interpreted uniformly because consistency between the two statutes was a goal of those who drafted the PUFTA and who have since interpreted it.\

Source: CourtListener parenthetical corpus (CC0).