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ABI Journal

547

Majority of Courts Still Permit Small-Dollar Avoidance Suits in the Debtor’s Home Court

New York district judge agrees with the ABI Journal: Congress did not succeed in requiring trustees to file small-dollar avoidance actions in the defendant’s district.

The Date of Service of a Writ of Garnishment Is the Date of Transfer of a Preference

Circuits are split on the date of transfer resulting from a garnishment.

Release of a Subordinate Lien Held to Be ‘New Value’ for a Preference Defense

Eighth Circuit BAP crafts a preference rule protecting lenders in out-of-court workouts.