New Jersey Bankruptcy Court Allows Trustee to Claw-back $2 million
April 29, 2022, New Jersey – Steven P. Kartzman, the chapter 7 trustee of The Mall at the Galaxy, Inc. (the Debtor) had filed an adversary complaint against Latoc, Inc. to avoid a promissory note for $2 million loan from Latoc to the debtor. In his complaint, Kartzman alleged that the debtor was “constructively fraudulent” […]