Legal Opinion

Wright v. Trystone Capital Assets, LLC

United States Bankruptcy Court, D. New Jersey

Decided March 29, 2023No. 20-01236Unknown

1Opinion

UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY In Re: Case No.: 20-12415-ABA Leneto Runee Wright Chapter: 13 Debtor. Leneto Runee Wright, plaintiff Adv. Proc. No. 20-1236-ABA v. Judge: Andrew B. Altenburg, Jr. Trystone Capital Assets, LLC, defendant MEMORANDUM DECISION The parties have asked this court to decide what the debtor/plaintiff can recover from the avoidance of the defendant’s fraudulent transfer. The court finds that, as a chapter 13 debtor only has standing to avoid fraudulent transfers through section 522,1 recovery is limited to the amount of the debtor’s exemption.…

2Cases cited27 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Caminetti v. United StatesSupreme Court of the United States · 1917
  3. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
  4. Hardt v. Reliance Standard Life Insurance Co.Supreme Court of the United States · 2010
  5. In Re: Cybergenics Corporation, Debtor the Official Committee of Unsecured Creditors of Cybergenics Corporation, on Behalf of Cybergenics Corporation, Debtor in Possession v. Scott Chinery L&s Research Corporation First Union National Bank of North Carolina Banque Indosuez Sunamerica Life Insurance Company Lincolnshire Management Inc Lincolnshire Equity Fund, L.PCourt of Appeals for the First Circuit · 2000

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