Can 547 Be Used to Avoid Foreign Transaction The Extraterritorial Application of Preference Laws

Maxwell Communication Corporation v. Barclays Bank (In re Maxwell Communication Corp.), 170 B.R. 800, 814 (S.D.N.Y. Bankr. 1994) (Brozman, J.), aff’d sub nom. Maxwell Communication Corp. v. Societe General PLC (In re Maxwell Communication Corp.), 186 B.R. 807 (S.D.N.Y. 1995) (Scheindlin, J.), aff’d on other grounds, 93 F.3d 1036 (2d Cir. 1996).