Labels:book | bulletin board | poster | reckoner | sky OCR: vote for hearing en banc (Appendix to Petitioner's Amended Petition, PP 26-27) SUMMARY OF ARGUMENT The plain meaning of the statutory phrase, "reasonable equivalent value' should be applied. A5 Respondents paid such value Petitioner request herein must therefor be denied The intent of Congress to interpret the tern "reasonable cquivalent value" contrary T pre Bankruptcy Code pue state practice is not evident, explicit or clear. There is no reason the laws the states which op not directly conflict with 11 548(a)(2)(A) cannot remain valid and lenforceable Significantly. Congress has failed amend 548(a(2A) OI the United States Bankruptcy Code. prohibit courts from reaching the same conclusion as the Court of Appeals for the Ninth Circuit reac] hed The Ninth Circuit's decision moaq is in confo ...
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