One of the most interesting and talked about creditor-debtor — and thus asset protection — cases in recent years was the one which was the subject of my article Lawyer, Law Firm And Bank Exposed To ...

All a criminal needs is a bank account number and routing number, and they can steal money from a bank account through something called a fraudulent ACH, or Automatic Clearinghouse House, transfer.

The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

In Cooling Guard Mechanical Corp. v. Frankl, No. BER-C-119-17 (N.J. Super. Ct. Ch. Div. Aug. 21, 2017), the New Jersey Superior Court decided an issue of first impression under New Jersey law: whether ...

August 26, 2024 - It's 1979, and Jerry Buss (John C. Reilly) bought the Lakers. His financing loan from Great Western Bank is due tomorrow. But he has other ideas, opens new tab. (4) threaten ...

WASHINGTON (CN) — The Supreme Court plugged a bankruptcy loophole Wednesday and blocked a trustee from recovering tax payments for employees who worked without full pay at a Utah-based transportation ...

New Jersey's Uniform Fraudulent Transfer Act (UFTA) allows a creditor to seek property, even after a debtor has transferred it to another, if inadequate consideration is given or the transfer is made ...

Amid all the stories about sophisticated cybercrimes, organized hacking rings, and nefarious ransomware schemes, it turns out the most common crime impacting corporate America is simple fund transfer ...

The Ninth Circuit, reversing the Tax Court and remanding with instructions to enter judgment in favor of the IRS, found that former shareholders of a liquidated broadcasting company were liable as ...

A thief stole $719,583 from the Flagler County School District through an electronic funds transfer via a computer, Flagler County Sheriff Rick Staly said at a press conference Wednesday. The money ...