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Rentas v. H. Keller Trading Corp. (In re Bel Air Indus. of PR Inc.)

Rentas v. H. Keller Trading Corp. (In re Bel Air Indus. of PR Inc.)

Ruling
Preferential payments were not avoidable where creditor had supplied debtor with materials and payment made on delivery in the ordinary course of business.
Issue(s)
Were preferential transfers protected from avoidance as contemporaneous exchanges for new value or as made in the ordinary course of business?

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Commercial opinion summary, case decided on January 30, 2015 , LexisNexis #0215-130