Bank's Consensual Security Interest In Its Customer's Deposit Account Did Not Give It "Dominion And Control" Sufficient To Trigger Fraudulent Transfer Liability

Mealey's (May 24, 2017, 1:51 PM EDT) -- A significant recent decision from the Sixth Circuit tests the power of a trustee in bankruptcy to avoid allegedly fraudulent transfers of funds from the now-bankrupt debtor (Teleservices) to its depository/lending bank.  Meoli v. The Huntington National Bank, 848 F.3d 716 (6th Cir. 2017)....