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The US Supreme Court agreed to hear the government’s case challenging a bankruptcy trustee’s clawback of a payment to the IRS that the trustee said was a fraudulent transfer. https://t.co/08AWqRL7cE
US Supreme Court will review bankruptcy trustees' tax clawback power https://t.co/i3t1Dkb3ZF https://t.co/BHzAJPfxZI
SCOTUS agreed to take up a case involving bankruptcy courts' authority to order the US government to return allegedly fraudulent tax payments made more than two years before a company's bankruptcy filing https://t.co/ittOzfmvoA @DietrichKnauth https://t.co/ZEx2WN2paQ
The US Supreme Court has agreed to hear a case challenging a bankruptcy trustee's clawback of a $145,000 payment to the IRS, which the trustee claimed was a fraudulent transfer. The case involves the bankruptcy trustee of a defunct Utah company seeking Chapter 7 protection and follows a Tenth Circuit decision. The payment was made more than two years before the company's bankruptcy filing.
