Decision in In re J. Silver Clothing, Inc., Holds that §547(c) "Substantially Contemporaneous" Transfers are not Governed by a Bright Line Rule under §547(e)
Summary In a 28 page decision signed April 29, 2011, Judge Gross of the Delaware Bankruptcy Court determined that in order for a transfer to be considered “substantially contemporaneous” as used by Bankruptcy Code §547(c), it does not necessarily need to ... Read full article