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· 3/7/1983

In the Matter of Roger Burnett Treadwell, Debtor. James D. Walker, Jr., Trustee v. Roger Burnett Treadwell, and Regina Taylor

Citations

  • 699 F.2d 1050
  • 8 Collier Bankr. Cas. 2d 99
  • 1983 U.S. App. LEXIS 29918
  • 10 Bankr. Ct. Dec. (CRR) 466

How courts have described this case

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

  • concluding that love and af‐ fection do not constitute “reasonably equivalent value” under § 548
  • concluding that love and affection do not constitute “reasonably equivalent value” under § 548
  • holding that love and affection are not adequate consideration
  • “The object of section 548 is to prevent the debtor from depleting the resources available to creditors through gratuitous transfers of the debtor’s property”
  • \The object of section 548 is to prevent the debtor from depleting the resources available to creditors through gratuitous transfers of the debtor's property.\
  • “love and affection” are clearly insufficient consideration to protect transfers under 11 U.S.C. § 548; noting that “love and affection” have been held to be inadequate consideration under state fraudulent conveyance laws

Source: CourtListener parenthetical corpus (CC0).

Judges: Roney, Clark, Tuttle

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.