- 11 U.S.C.
Falcon Creditor Trust v. First Ins. Funding (In re Falcon Prods.)
Jan
28
2008
Ruling
Hypothetical liquidation test for alleged preferential transfers must be conducted as of petition date, not transfer date.
Procedural posture
Appellant, a creditor trust for a chapter 11 debtor, challenged a decision of the Bankruptcy Court for the District of Missouri, which held that certain payments made to appellee creditor within the 90-day preference period were not preferential under 11 U.S.C. § 547.
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Court
:
Judge or Jurisdiction information not available