IRS Immune From Bankruptcy Trustees, 7th Circ. Hears

By Lance Duroni (December 2, 2013, 4:48 PM EST) -- The Internal Revenue Service pressed the Seventh Circuit Monday to overturn a decision holding that the agency lacks sovereign immunity against fraudulent transfer claims brought by a trustee under the Bankruptcy Code, arguing that the trustee must be treated the same as an unsecured creditor would....

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