Learning From Recent Insider Preference Cases

Law360, New York (October 11, 2011, 1:09 PM EDT) -- The continued vitality of preference litigation has led to an ever-growing body of case law, including decisions with regard to recoveries from "insiders," pursuant to Sections 547, 550 and 101(31) of the Bankruptcy Code. This article addresses three recent insider preference cases: one in which the Seventh Circuit establishes a framework to simplify the analysis undertaken by bankruptcy courts when the alleged insider has a role similar to one of the specifically enumerated persons and entities listed in section 101(31); one that illustrates the risks inherent for owners of nondebtor affiliates of debtor entities; and one that provides an example of the interaction between the Bankruptcy Code and state law in connection with determining whether a defendant is indeed an "insider."...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!