8th Circ. Beefs Up 'New Value' Exception To Clawbacks
By Maria Chutchian ( March 20, 2014, 6:44 PM EDT) -- The Eighth Circuit on Thursday held that the liquidating trustee of a bankrupt utility management company can't recover payments made in the 90 days prior to the bankruptcy filing if the company received from a separate party new value that was meant for the recipients of the initial payments....
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.