Nash Chapter 7 Trustee Clarifies Fraudulent Transfer Claim At Judge’s Request

(August 9, 2024, 4:55 PM EDT) -- BRIDGEPORT, Conn. — The Chapter 7 trustee for asbestos debtor The Nash Engineering Co. has clarified his claim under the Connecticut Uniform Fraudulent Transfer Act (CUFTA) in his adversary proceeding seeking the return of more than $59 million from a holding company and its members to the debtor’s estate, as requested by a Connecticut federal judge in a ruling on the holding company’s bid to dismiss the trustee’s fraudulent transfer suit....