United Rentals Asks 4th Circ. To Nix Transfer Ruling

Law360, New York (December 2, 2009, 3:50 PM EST) -- United Rentals Inc. asked a U.S. Court of Appeals for the Fourth Circuit panel on Wednesday to settle a dispute with a Chapter 7 trustee for a contracting company over allegedly preferential payments United received for construction supplies.

A three-judge panel heard oral arguments on the construction material supplier's appeal of a district court decision affirming a judgment ordering it to return roughly $67,000 plus prejudgment interest to the estate of bankrupt contractor Partitions Plus of Wilmington Inc.

Both the U.S. Bankruptcy Court for the Eastern...
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