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Home / Opinion Digests / Bankruptcy – Preferential Transfers – ‘New Value’  (access required)

Bankruptcy – Preferential Transfers – ‘New Value’  (access required)

The 4th Circuit upholds a district court order affirming a bankruptcy court judgment that allowed the bankruptcy trustee to avoid and recover certain payments made to United Rentals Inc. by debtor Partitions Plus of Wilmington Inc., during the 90 days prior to debtor’s bankruptcy petition. Prior to its bankruptcy filing, debtor Partitions Plus had subcontracted in ...

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