CF Realty Trust v. Town of Hampstead (In Re CF Realty Trust)

MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

The above-captioned proceeding was heard before the Court on August 20, 1993 on the chapter 11 debtor-in-possession’s (“debtor”) complaint pursuant to 11 U.S.C. § 548 to avoid the defendant Town of Hampstead’s (the “town”) issuance of a tax collector’s deed to itself on the theory that the transfer was for less than reasonably equivalent value and thus a voidable conveyance under the statute. The town’s Answer relies on subsections 548(a) and 548(d)(1), asserting first that tax collector deed transfer occurred more than one year before the…