Aug. 24, 2022
Ordinary course of business defense may protect creditors from preference liability
See more on Ordinary course of business defense may protect creditors from preference liability
Bankruptcy practitioners, particularly those who represent creditors, are well aware of the potential exposure to liability under the preference statute provided in the United States Bankruptcy Code, 11 U.S.C. §547. Given the recent economic climate and increased chances of a recession, attorneys representing creditors should be aware of preference liability exposure, and the applicable defenses. Preference claims are typically brought by bankruptcy trust...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In