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California Tax Sale in Compliance with State Law Requirements Cannot be Voided as a Fraudulent Transfer in a Bankruptcy Proceeding

The Ninth Circuit has recently held that tax sales of real property in compliance with the requirements of California law could not be voided as fraudulent transfers in a bankruptcy case under a claim that the price obtained at the sale was not a reasonable equivalent value. See In re Tracht Gut, LLC, 2016 WL…