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Invoices Avoidance

Miller Canfield

Eleventh Circuit Bolsters Preference Defense by Holding That 503(b)(9) Claims Do Not Reduce the Subsequent New Value Defense

Miller Canfield on

Preference defense received an important boost this week when the Eleventh Circuit decided that invoices paid under 11 U.S.C. ยง 503(b)(9) can count as "new value" in defending against preference claims. It is the first...more

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