Anand v. National Republic Bank (In Re Anand)

MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

The Debtor sued to avoid transfers of his property to the National Republic Bank on preference and fraudulent transfer grounds. This Court entered judgment for the bank and the district court affirmed, except that it remanded the proceeding for specific findings about one claim. With respect to that claim, this Court held, without fully explaining its reasoning, that the Debtor received “reasonably equivalent value” because the challenged transfer was made to secure an antecedent debt. The district court directed this Court “to make its…