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Dearborn Bancorp, Inc., In re--Dery v. Karafa

Trustee allowed to avoid pre-petition transfers debtor made to defendants as defendantsfailed to show that any of their services provided "new value" to the debtor. (Bankr. E.D. Mich.)
Preferences; Exceptions to Avoidance; Contemporaneous Exchange for New Value.
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Commercial case opionion summary, case decided on April 20,2018, LexisNexis #0718-076