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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Bankruptcy: Avoidance and Recovery-Preferences-Contemporaneous Exchange

Bankruptcy: Avoidance and Recovery-Preferences-Contemporaneous Exchange

Where a trustee filed an adversary proceeding seeking avoidance and recovery of certain payments to Wells Fargo as preferences, the court properly interpreted the consignment arrangement and applied it correctly to determine new value, and the court did not err in applying the contemporaneous exchange for new value preference except to payments that the debtor ...

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