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Ordinary Course Preference Case Takes Extraordinary Turn: Ninth Circuit Strikes Down Local Bankruptc email this discussion to a friend?

Business Bankruptcy Blog (0) 
1 year ago

Preference lawsuits are filed all the time in bankruptcy cases and the ordinary course of business defense is frequently asserted. Still, it's the rare case that ends up with a federal court of appeals decision addressing jury trial rights and invalidating a bankruptcy court's local rule. This post is about just such a case.The Bankruptcy Preference. As a quick refresher, preferences are payments or other transfers made in the 90 days prior to a bankruptcy filing, on...

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tags:  business bankruptcy issues, recent developments, the financially troubled company, jury trial, preference
 
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