Section 6.42 “Strong-Arm” and Other Remedies Incorporating State Law Provisions—11 U.S.C. § 544

LibraryBankruptcy Practice (2007 Ed. + 2015 Cum Supp)

IV. (§6.42) “Strong-Arm” and Other Remedies Incorporating State Law Provisions—11 U.S.C. § 544

The trustee, estate fiduciary, or debtor-in-possession (see In re Kroh Brothers Development Co., 100 B.R. 487, 495 (Bankr. W.D. Mo. 1989) (See, B.J.), in which the court confirmed that a Chapter 11 debtor could retain and enforce preference and fraudulent conveyance actions) can exercise additional avoidance powers under 11 U.S.C. § 544. The avoidance powers of this section are contoured to allow the trustee to...

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