IN RE WENTWORTH

Bankruptcy No. 97-23037, Adversary No. 97-2139.

221 B.R. 316 (1998)

In re John L. WENTWORTH, Theresa T. Wentworth, Debtors. Theresa T. WENTWORTH, Neal Ossen, Trustee, Plaintiffs, v. TOWN OF ACTON, MAINE, Defendant.

United States Bankruptcy Court, D. Connecticut.

May 18, 1998.


Attorney(s) appearing for the Case

George M. Purtill, Purtill, Purtill & Pfeffer, Glastonbury, CT, for Plaintiffs.

Robert C. Reichert, Reid and Riege, P.C., Hartford, CT, for Defendant.


RULING ON CROSSMOTIONS FOR SUMMARY JUDGMENT

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I.

ISSUE

Before the court are cross-motions for summary judgment on the issue of whether a non-judicial strict foreclosure of a town tax lien ("the forfeiture procedure") conducted pursuant to a state law may constitute an avoidable fraudulent transfer under Bankruptcy Code § 548 where there is a one to thirteen ratio between the amount...

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