التفاصيل البيبلوغرافية
| العنوان: |
Critical Vendor Treatment May Not Absolve Trade Creditors from Preference Risk. |
| المؤلفون: |
Nathan, Bruce S.1 bnathan@lowenstein.com, Papandrea, Michael mpapandrea@lowenstein.com |
| المصدر: |
Business Credit. Sep/Oct2020, Vol. 122 Issue 8, p20-24. 5p. |
| مصطلحات موضوعية: |
Debtor & creditor, Commerce, District courts |
| مستخلص: |
The article discusses that customer's payment of the creditor's prepetition claim pursuant to a critical vendor order. Topics discussed include pursuant to section 547(b) of the Bankruptcy Code, a trustee or debtor-in-possession may avoid payments made to creditors within 90 days of the debtor's bankruptcy; and the Small Business Reorganization Act of 2019, which became effective on February 19, 2020, amends section 547(b) to require a trustee or debtor-in-possession. |
| قاعدة البيانات: |
Finance Source |