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Fraudulent Transfer Litigation


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Campbell & Levine, from its inception, has been actively engaged in prosecuting and defending cases involving creditor-contested asset transfers, including issues of insolvency, fair value, and intent.

It has represented the interests of various bankruptcy estates in avoidance actions involving (i) a failed leveraged buy-outs (Moody v. Security Pacific Business Credit, et al – In Re: Jeanette Corporation ), (ii) an asbestos-related “restructuring” ( Committee of Unsecured Creditors v. Thomas Mellon Evans, et al. – In re: H.K. Porter Company, Inc. ), and (iii) a redemption of preferred shareholders ( In re: Genfarm Limited Partnership, IV ).

We have also successfully represented defendants in such actions, as in the first Phar-Mor bankruptcy case (obtained summary judgment for shareholders redeemed within one year prior to Phar-Mor's bankruptcy filing), and as in the bankruptcy case of National Forge Company (obtained summary judgment for managing shareholders redeemed prior to the company's bankruptcy filing).