Milby v. Templeton

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Under Gibbs v. Legrand, post-discovery delay does not preclude equitable tolling but is still relevant to assessing a party's "overall diligence." The Ninth Circuit affirmed the Bankruptcy Appellate Panel's decision reversing the bankruptcy court's dismissal as time-barred of a bankruptcy estate's claims seeking avoidance of fraudulent transfers and affirming the bankruptcy court's dismissal of other claims based on transfers not made by debtor. The panel held that neither court correctly applied the law on equitable tolling. In this case, the estate's overall diligence, combined with the extraordinary circumstances preventing earlier discovery of the subject transfers, warranted equitable tolling. View "Milby v. Templeton" on Justia Law