Yoppolo v. Liberty Mortgage (In Re Morgan)

How courts have described this case

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

• the statutory language of § 550 and its legislative history leads to the conclusion that a trustee must first avoid an underlying transfer before recovery
• “[T]he concepts of ‘avoidability’ and ‘recovery’ are distinct concepts completely separate and independent from one another”
• “[W]hen a nonpossessory interest in property is avoided, there is nothing left to recover.”

Source: CourtListener parenthetical corpus (CC0).