- 11 U.S.C.
Webster v. Fujitsu Consulting Inc. (In re NETtel Corporation Inc.)
May
22
2007
Ruling
Preference period payments to vendor were consistent with prior practice and with industry standards and coverd by "ordinary course"defense.
Procedural posture
Plaintiff chapter 7 trustee initiated an adversary proceeding to avoid and recover two transfers made by debtor, as a result of cash infusions, to defendant vendor pursuant to 11 U.S.C. §§ 547 (amended 2005) and 550. Pending were cross-motions for summary judgment.
ABI Membership is required to access the full summary of Webster v. Fujitsu Consulting Inc. (In re NETtel Corporation Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: