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Richardson v. Principal Financial Group (In re Bayless)

Richardson v. Principal Financial Group (In re Bayless)

Ruling
Repayment of excess disability payments was avoidable as preferential.
Procedural posture

Plaintiff trustee filed an adversary proceeding to avoid as a preferential transfer under 11 U.S.C. § 547(b) a repayment of disability benefits by defendant debtors to defendant insurer within the 90-day period before the bankruptcy filing.

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opinion summary, case decided on April 12, 2007 , LexisNexis #0807-080