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After a living trust was found liable on a guarantee, the settlor/trustee attempted to nullify contributions to the trust going back to 2003 so as to defeat creditors
In last year's episode about the long-running Larry Winget saga, Debtor’s Revocation Of Trust Allows Creditors A Window To Assets In Winget (July 11, 2022),…
A federal judge in Detroit has ruled that an auto parts manufacturer accused of failing to make good on a credit agreement must pay more than $127 million and sign over a pair of promissory notes worth $150 million to an administrative agent for JPMorgan Chase Bank, in connection with a complex dispute that spans more than a decade.