Program Details
2026-10-19 14:30:00
Over 1,000+ webinars
Course Overview
2026-10-19 14:30:00
2h CLE Credits
Intermediate
2
2:30 pm - 3:30 pm ESTThis session examines the statutory and case-law framework trustees use to attack divorce property
transfers in a subsequent bankruptcy, covering §§ 548, 544(b), and 547 of the Bankruptcy Code as well as
state fraudulent transfer statutes incorporated by reference. Attorneys will learn how courts apply the
reasonably equivalent value standard, the badges of fraud doctrine, and the domestic support obligation
shield to inter-spousal transfers. Participants will leave able to identify the conditions under which a
completed divorce settlement remains vulnerable to clawback and explain the legal basis for that
exposure to clients on both sides of the marriage.
David Lloyd 3:40 pm - 4:40 pm ESTThis session teaches divorce practitioners how to construct a contemporaneous documentation record
that defeats a bankruptcy trustee’s avoidance claim against property transfers made in a divorce
settlement. Attendees will learn how courts measure reasonably equivalent value from the creditors’
perspective, how to negate badges of fraud through specific valuation and disclosure practices, and how
to structure the § 548(c) good-faith transferee defense from the moment of settlement. Attorneys leave
with an asset-by-asset documentation checklist and a working framework for solvency analysis,
independent appraisal standards, and good-faith record-building that survives multi-year look-back
windows.
Firas M. AbunadaDavid Lloyd has practiced in the debtor-creditor field throughout his more than
40-year legal career, with extensive experience in bankruptcy and bankruptcy
litigation. During the banking crisis of the 1990s, he served as a senior bankruptcy
attorney with the Federal Deposit Insurance Corporation. From 1999 to 2012, he
was a partner at Grochocinski, Grochocinski & Lloyd, where he represented
bankruptcy trustees, debtors, and creditors in bankruptcy matters. Since 2012, he
has maintained a solo practice focused on consumer and commercial bankruptcy
cases and bankruptcy litigation. His extensive experience representing both bankruptcy trustees and
parties involved in bankruptcy proceedings provides a strong foundation for addressing the risks that can
arise when divorce settlements and property transfers are later examined in bankruptcy, including the
potential for trustee avoidance and clawback claims.
Firas M. Abunada is an Illinois attorney and solo practitioner with experience
in foreclosure defense, bankruptcy, bankruptcy adversary proceedings, and
other civil matters. His practice serves clients in Cook, DuPage, Kane, and Will
Counties. Firas is committed to providing clients with the knowledge and
information needed to make informed decisions regarding their legal matters
and takes an individualized approach to each case. His practice emphasizes
thorough attention to detail, advocacy on behalf of clients, and strategic
litigation planning. He is the owner of Firas Law, LLC and maintains a carefully
managed caseload to provide individual attention to each matter.
David Lloyd has practiced in the debtor-creditor field throughout his more than
40-year legal career, with extensive experience in bankruptcy and bankruptcy
litigation. During the banking crisis of the 1990s, he served as a senior bankruptcy
attorney with the Federal Deposit Insurance Corporation. From 1999 to 2012, he
was a partner at Grochocinski, Grochocinski & Lloyd, where he represented
bankruptcy trustees, debtors, and creditors in bankruptcy matters. Since 2012, he
has maintained a solo practice focused on consumer and commercial bankruptcy
cases and bankruptcy litigation. His extensive experience representing both bankruptcy trustees and
parties involved in bankruptcy proceedings provides a strong foundation for addressing the risks that can
arise when divorce settlements and property transfers are later examined in bankruptcy, including the
potential for trustee avoidance and clawback claims.
Firas M. Abunada is an Illinois attorney and solo practitioner with experience
in foreclosure defense, bankruptcy, bankruptcy adversary proceedings, and
other civil matters. His practice serves clients in Cook, DuPage, Kane, and Will
Counties. Firas is committed to providing clients with the knowledge and
information needed to make informed decisions regarding their legal matters
and takes an individualized approach to each case. His practice emphasizes
thorough attention to detail, advocacy on behalf of clients, and strategic
litigation planning. He is the owner of Firas Law, LLC and maintains a carefully
managed caseload to provide individual attention to each matter.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
