In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. Wells

How courts have described this case

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

• holding that there is a rebuttable presumption that the foreclosure sale price is sufficient to withstand fraudulent conveyance attack
• “the fact that the sale was the result of a foreclosure rather than an arm’s length transaction between a willing buyer and a willing seller is also of considerable importance”
• “If we take the statute at its face value, we must conclude that its unambiguous language requires the reviewing court to make an independent assessment of whether reasonable equivalence was given”
• “In determining whether property was sold for reasonably equivalent value, the bankruptcy court must, of course, be mindful constantly of the purpose of section 548’s avoiding powers — to preserve the assets of the estate” for creditors
• great 23 deference to the district court

Source: CourtListener parenthetical corpus (CC0).