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.
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Usual Rejection Rules Apply When Both Parties to a Contract Are Bankrupt
Loss of 2,000 jobs doesn’t tile the scales away from contract rejection.
Judge Name - Do not use it.
Barry S. Schermer