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Hanszen Laporte Wins in U.S. Supreme Court — Businessman Liable for Fraudulent Transfers Despite Bankruptcy

May 17, 2016

By a 7-1 majority in Husky International Electronics, Inc. v. Ritz, the U.S. Supreme Court has held that debtors cannot avoid paying their bills by fraudulently transferring assets and then filing for bankruptcy. Click 2a Revised Press Release5-18-16 to read a press release on the High Court’s decision.