Skip to main content

Angell v. Larabee (In re Tanglewood Farms Inc.)

Angell v. Larabee (In re Tanglewood Farms Inc.)

Ruling
Transfers were not avoidable due where transferee was entitled to an offset against larger amount owed by debtor.
Issue(s)
Were allegedly preferential transfers by debtor to soybean grower avoidable or were the payments covered by the ordinary course of business exception?

ABI Membership is required to access the full summary of Angell v. Larabee (In re Tanglewood Farms Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on May 23, 2014 , LexisNexis #0614-098