In In re O'Connor, the U.S. Bankruptcy Court for the Western District of Pennsylvania was called on earlier this year to decide whether information contained in the debtors' bankruptcy schedules could provide constructive notice to the trustee, thereby destroying the trustee's status as a bona fide purchaser under § 544(a) of the Bankruptcy Code.
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Bankruptcy Update
Court: Bankruptcy Schedules Don't Provide Constructive Notice to Trustee
The Legal Intelligencer
September 17, 2010
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