IN RE INTERN. MANAGEMENT ASSOC.

No. 04-12207.

399 F.3d 1288 (2005)

IN RE INTERNATIONAL MANAGEMENT ASSOC., Debtor. William B. Reily, Plaintiff-Appellant, v. Soneet R. Kapila, Trustee for International Management Associates, Inc., Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

February 10, 2005.


Attorney(s) appearing for the Case

Kevin C. Gleason, Kevin C. Gleason, P.A., Hollywood, FL, for Reily.

Michael Richard Bakst, Brett A. Elam, Elk, Bankier, Christu & Bakst, LLP, West Palm Beach, FL, for Kapila.

Before BIRCH, KRAVITCH and CUDAHY, Circuit Judges.


CUDAHY, Circuit Judge:

Plato once said that "[w]hen a Benefit is wrongly conferred, the author of the Benefit may often be said to injure." The bankruptcy claim presented here, brought by a Chapter 7 bankruptcy trustee, seeks avoidance of a $100,000 payment to a shareholder in the debtor corporations pursuant to 11 U.S.C. § 548. The potential recovery of that payment under 11 U.S.C. § 550(a)(1) requires us to assess whether providing the unquantifiable key...

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