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FIDELITY BOND AND MORTG. CO. v. BRAND

Civil Action No. 06-2127.

371 B.R. 708 (2007)

FIDELITY BOND AND MORTGAGE COMPANY, v. Steven D. BRAND, et al.

United States District Court, E.D. Pennsylvania.

July 18, 2007.

Attorney(s) appearing for the Case

James M. Matour, Sharon F. McKee, William T. Hangley, Hangley Aronchick Segal & Pudlin, Philadelphia, PA, for Fidelity Bond and Mortgage Company.

David L. Braverman, John E. Kaskey, Braverman Daniels Kaskey Ltd., Philadelphia, PA, for Steven D. Brand, James M. Dougherty, Arthur L. Powell, Richard S. Powell, Jon R. Powell, Carol P. Heller, Nancy E. Powell, Harold G. Schaeffer, James R. Schaeffer, Anthony L. Schaeffer, Robert D. Schaeffer.

Michelle S. Walker, Braverman Daniels Kaskey Ltd., Philadelphia, PA, for Steven D. Brand, James M. Dougherty, Arthur L. Powell, Jon R. Powell, Carol P. Heller.

MEMORANDUM OPINION

SAVAGE, District Judge.

This bankruptcy appeal presents the issue of who — the creditor or the grantee — has the burden of proof in a constructive fraud action under the Pennsylvania Uniform Fraudulent Transfer Act1 ("PUTA") — a question that has not been decided by the Pennsylvania courts or the Third Circuit. Fidelity Bond and Mortgage Company ("Fidelity") challenges the Bankruptcy...

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