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Itt Educ. Servs., In re

Itt Educ. Servs., In re

Ruling
Late payments were not protected from avoidance by the ordinary course of business defensewhere the longer terms were well outside industry standards. (Bankr. S.D. Ind.)
Issue(s)
Preferences; Exceptions to Avoidance; Payments in Ordinary Course of Business.

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Commercial opinion summary, case decided on March 11, 2021 , LexisNexis #0421-090