Law360, New York ( October 21, 2011, 1:16 PM EDT) -- In the recent case of Whittle Development Inc. v. Branch Banking & Trust Co. (In re Whittle Development Inc.), No. 10-37084, 2011 (N.D. Tex. July 27, 2011), a bankruptcy court was asked whether a preference action could be sustained against a creditor who purchased real property in a properly conducted state law foreclosure sale....
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