Split 2nd Circ. Partially Revives Nine West Buyout Fraud Suit

By Alex Wittenberg (November 27, 2023, 1:16 PM EST) -- A split Second Circuit panel revived some claims in a Chapter 11 suit brought by trustees of women's clothing retailer Nine West over more than $1 billion in allegedly fraudulent transfers, finding the U.S. Bankruptcy Code's safe harbor provision doesn't protect claims tied to $78 million in payroll transfers in the case....

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