Kendall v. Sorani (In Re Richmond Produce Co.)

How courts have described this case

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

• finding that one-time distribution in complete liquidation of stock interest was “not what Congress had in mind in enacting section 546(e)”, where there was no showing of a guaranty by a securities clearing agency
• rejecting Greenwald as widely criticized, and noting that the majority of courts have held otherwise
• that transferee knew of debtor’s financial difficulties and knew that recent buyout of debtor was highly leveraged, and that debtor’s name appeared as a co-remitter on check, was sufficient to put transferee on notice of the voidability of the transfer

Source: CourtListener parenthetical corpus (CC0).