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Bankruptcy – Breach of Fiduciary Duties Claims – Accounts Receivable Purchases – Repayments – Intermediary Creation (access required)

Vieira v. Hill (In re KNH Aviation Services, Inc.) (Lawyers Weekly No. 003-003-17, 16 pp.) (David Duncan, C.J.) 15-80170; B.S.C. Holding: Although the insider defendants contend that their purchases of the debtor’s accounts receivables were true purchases and not loans to the debtor, there is a genuine issue as to whether defendants breached their fiduciary duties ...

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