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Opinion 259

Case Name: 

Main Hurdman v. Anderson (In re Vasilacopulos)

Judge: 
U.S. District Court, Utah
Date: 
Aug-12-1988
Case Number(s): 
84PC-1101
Status: 

APPEAL
Unpublished
See 276.pdf

Body: 

Defendants appealed the bankruptcy court's order that trustee could recover the amounts debtor paid to defendants that exceeded their deposits with debtor, plus interest, as fraudulent conveyances under 11 U.S.C. § 548(a)(2). The district court affirmed, concluding that defendants had failed to establish that the bankruptcy court's finding that debtor's operation was a "Ponzi scheme" was clearly erroneous.

Internal Ref: 
Opinion 259
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