What is the name of your state (only U.S. law)? California
Hello. Got a question about exemptions to paying back Preferential transfers when it comes to bankruptcy (of company).
New value: creditor sells the debtor something they later sell to a third party. Can debtor just say that they couldn't sell what the creditor provided them for a higher price? And have the creditor pay back the margin.
Hello. Got a question about exemptions to paying back Preferential transfers when it comes to bankruptcy (of company).
New value: creditor sells the debtor something they later sell to a third party. Can debtor just say that they couldn't sell what the creditor provided them for a higher price? And have the creditor pay back the margin.