Federal Case

How courts have described this case

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

• indicating that a crooked scheme may establish the absence of good faith
• “Like all speculative financial instruments, the value of an option can change over time, depending upon the value of the underlying property.”
• “[Section 548(c)] looks at value from the perspective of the transferee: How much did the transferee ‘give’? The concern here, quite properly, is for the transferee's side of the exchange, not the transferor's gain.”
• “[C]onsistent with economic reality, this and other circuits unequivocally hold that for purposes of § 548 the value of an investment, even a risky one [. . .] is to be determined at the time of purchase.”
• value under Section 548 determined at the time of the transaction
• “The burden of proof is on the defendant transferee.”

Source: CourtListener parenthetical corpus (CC0).