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A creditors' committee may not assert fraudulent-transfer claims under 11 U.S.C. � 544 of the Bankruptcy Code; the plain language of � 544 and Hartford Underwriters, holding that an administrative claimant of a Chapter 7 bankruptcy estate does not have an independent right to bring suit under 11 U.S.C. � 506(c), allow only the trustee or debtor-in-possession to assert fraudulent-transfer claims, and a creditor or creditors' committee may not bring such avoidance actions derivatively; the dismissal
September 30, 2002 at 12:00 AM
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