Recomm Operations, Inc. v. Raymond Manklow

MARCUS, Circuit Judge:

This is an appeal from final summary judgment entered by the bankruptcy court against Recomm Enterprises, Inc. and Re-comm Operations, Inc. (“the Debtors”) in an adversary proceeding in which the Debtors sought to recover allegedly fraudulent transfers, preference payments and damages for breaches of fiduciary duty. The district court affirmed the bankruptcy court’s order, after which the Debtors appealed to this court. We agree with the analysis and well-reasoned opinion of the district court and affirm, but take this opportunity to reiterate the standard of review…