Latest Breaking News On - Court remains uncertain on how to apply the new due diligence requirement for preference claims - Page 1 : comparemela.com

Court Remains Uncertain On How To Apply The New Due Diligence Requirement For Preference Claims - Insolvency/Bankruptcy

The Bankruptcy Code and its predecessor statutes have long permitted bankruptcy trustees (or their equivalents) to claw back preferences, which involve transfers made on preexisting debts.