(Bankr. E.D. Ky. May 27, 2015)
The bankruptcy court holds that the debtor made a fraudulent transfer to his sister when he sold her $150,000 worth of mineral rights for $20,000 prepetition. The court discusses the evidence at trial that established the value of the mineral rights, and then awards to the trustee the value of the property transferred. Opinion below.
Author: Matt Lindblom