Matter of Trammell v. Gorham

How courts have described this case

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

• holding that broker was not “initial transferee” but mere conduit when broker received funds from bankruptcy debtor and paid them according to the debtor’s request
• finding that a transferee who had access to the funds for three weeks could avail itself of the conduit defense and stating “the length of this period should not have dispositive significance”
• placing weight, under the control test, on the “purpose” of a disputed transfer

Source: CourtListener parenthetical corpus (CC0).