Nash Chapter 7 Trustee’s Fraudulent Transfer Action Mostly Survives Dismissal

(July 17, 2024, 12:27 PM EDT) -- BRIDGEPORT, Conn. — Although dismissing two fraudulent transfer claims under the U.S. Bankruptcy Code as time-barred, a federal judge in Connecticut has allowed the remainder of the Chapter 7 trustee for asbestos debtor The Nash Engineering Co.’s adversary proceeding seeking the return of more than $59 million from a holding company and its members to the debtor’s estate to proceed....