Bankruptcy Court Upholds Contemporaneous Exchange for New Value Defe...

Bankruptcy Court Upholds Contemporaneous Exchange for New Value Defense in Preference Action
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In a recent case in the United States Bankruptcy Court for the Western District of Michigan (the “Court”), the Court considered whether a payment made by a Chapter 7 debtor to her son in advance of the debtor's bankruptcy filing was “preferential” and ...
Bankruptcy – False oaths – RecordkeepingMassachusetts Lawyers Weekly

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