Miller v. Westfield Steel Inc. (In re Elrod Holdings Corp.)
Mar
31
2010
Ruling
Payments to steel company were not preferential due to ordinary course of business exception.
Procedural posture
Debtor seat companies filed a petition seeking protection under chapter 7 of the United States Bankruptcy Code. Plaintiff chapter 7 Trustee brought an adversary proceeding against defendant steel company, alleging that payments made to the steel company were preferential and should be avoided. The steel company moved for summary judgment.
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Court
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