Protecting The Ordinary Course Of Business Defense

Law360, New York (August 18, 2011, 2:41 PM EDT) -- Imagine a scenario in which you have a long-standing relationship with an important customer and you learn that this customer is running into financial difficulties. In the current economic cycle, this is probably not a hypothetical, but, rather, an everyday reality. During the course of the relationship, this important customer has from time to time fallen behind in paying invoices and has even reached or exceeded the credit limits your company has imposed on this customer.

As things currently stand, this customer is about to once...
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