bad faith purchaser
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 73 U.S. 299 - Clements v. Moore · 1867Most cited · 88 citing opinions
A sale may be void for bad faith though the buyer pays the full value of the property bought. This is the consequence, where his purpose is to aid the seller in perpetrating a fraud upon his creditors, and where he buys recklessly, with guilty knowledge.