Gas-Mart United States, Inc., In re--Lauter v. Wells Fargo Bank, N.A.

Ruling: 
Creditor's complaint to avoid preferential transfer was overruled in part as plaintiff established that payments it received were a contemporaneous exchange for new value. (Bankr. W.D. Mo.)
Issue: 
Preferences; Exceptions to Avoidance; Contemporaneous Exchange for New Value.
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Commercial case opionion summary, case decided on March 07,2019, LexisNexis #0419-089