Legal Opinion
Wallach v. Altmeyer (In Re Altmeyer)
United States Bankruptcy Court, W.D. New York
Decided October 11, 2001No. 2-13-21358PublishedCited by 2 opinions
1Opinion of the Court
CARL L. BUCKI, Bankruptcy Judge.
Standards of title examination have recognized the special problems that arise when a deed within the chain of title recites only a nominal consideration. See, for example, BaR Assooiation of ERie County, Standards of Title Examination 5 (1997). The reason for this concern is the potential treatment of the transfer as a fraudulent conveyance, either under state law or under section 548 of the Bankruptcy Code. As illustrated by the instant case, the law of fraudulent conveyance may impact the rights not only of an immediate transferee, but of subsequent…
2Cases cited11 opinions
- Williamson v. . BrownNew York Court of Appeals · 1857
- Smith v. . ReidNew York Court of Appeals · 1892
- Farr v. NewmanNew York Court of Appeals · 1964
- Anderson v. . BloodNew York Court of Appeals · 1897
- Cambridge Valley Bank v. . DelanoNew York Court of Appeals · 1872
6 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- CNB International, Inc. v. Kelleher (In Re CNB International, Inc.)United States Bankruptcy Court, W.D. New York · 2008
- Cathay Bank v. MalliarakisDistrict Court, E.D. New York · 2023