In Re Roco Corporation, D/B/A Standard Supply Company, Debtor. Edward Consove v. Avram Cohen

How courts have described this case

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

• upholding factual finding of actual fraud where stock was redeemed by an insolvent corporation because “[fraudulent intent does not require an intent to run the company aground; it requires merely an intent to hinder or defraud creditors.”
• under GAAP, a redemption of treasury shares should be reported as a reduction of stockholders equity, as it reduces a company’s capitalization
• where fraudulent intent of the transferee may be imputed to the transferor where the transferee is in a position to control the disposition of the property
• where fraudulent intent of the transferee may be imputed to the transferor where the transferee is in a position to control the disposition of the property
• factual issue to be reviewed for clear error
• factual issue to be reviewed for clear error

Source: CourtListener parenthetical corpus (CC0).