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11th Circ. Backs Broad Fraudulent-Transfer Liability

By Max Stendahl (May 15, 2012, 7:41 PM EDT) -- A bankruptcy court may force a creditor to disgorge funds it received from a debtor if the funds were acquired through a fraudulent transfer, the Eleventh Circuit ruled Tuesday in a published decision that backed a broad view of liability while ruling against entities that lent money to homebuilder Tousa Inc....

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