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IN RE ZOHDI

Bankruptcy No. 97-12631, Adversary No. 98-1087.

234 B.R. 371 (1999)

In re Magd Eldin ZOHDI, Debtor. Dwayne M. Murray, Trustee, Plaintiff, v. The Louisiana State University Foundation, Defendant.

United States Bankruptcy Court, M.D. Louisiana.

June 7, 1999.

Attorney(s) appearing for the Case

Dwayne M. Murray, Baton Rouge, Louisiana, for plaintiff.

Brett Furr, Brandon Black, Taylor, Porter, Brooks & Phillips, Baton Rouge, Louisiana, for defendant.

RULING

LOUIS M. PHILLIPS, Bankruptcy Judge.

The issue before the Court, as best we can tell of first impression, is the proper interpretation of the Religious Freedom and Charitable Donation Protection Act of 1998 as it pertains to transfers avoidable under § 5481 of the Bankruptcy Code. Does the "safe harbor" provision of § 548(a)(2)2 allow a transferee to retain the portion of a...

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