Bankruptcy Law Case Summary – Gladstone v. U.S. Bancorp.

On behalf of Furr & Cohen, P.A. posted in News on Friday, May 6, 2016.

In a bankruptcy action, the district court’s order is affirmed where the debtor’s interests in the term life insurance policies, including their secondary market value and resulting life settlements, constitute a recoverable interest of the debtor in property under 11 U.S.C. section 548(a)(1).