Pereira v. Dow Chemical Co. (In Re Trace International Holdings, Inc.)

How courts have described this case

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

• payment of a dividend by an insolvent Delaware corporation is unlawful, and may be recovered as a fraudulent transfer
• “Not surprisingly, Delaware’s fraudulent transfer law is virtually a carbon copy of the fraudulent transfer law under the Bankruptcy Code.”
• “To prevail on his constructive fraudulent transfer claims, the Crjrustee must show that [the debtor] was insolvent at the time of each transfer, and did not receive reasonably equivalent value (or fair consideration
• detailing the changes between UFTA and UVTA

Source: CourtListener parenthetical corpus (CC0).