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Amedisys Inc. v. JP Morgan Chase Manhattan Bank (In re Natl Century Fin. Enters.)

Amedisys Inc. v. JP Morgan Chase Manhattan Bank (In re Natl Century Fin. Enters.)

Ruling
Claim by corporation that failed to request payment from debtor was properly denied priority status.
Procedural posture

Plaintiff corporation appealed the decision entered by the Bankruptcy Court for the Southern District of Ohio that granted summary judgment in favor of defendant trustees in the corporation's action regarding over $ 7.3 million worth of accounts receivable that the corporation sold to the debtor.

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Commercial opinion summary, case decided on August 21, 2008 , LexisNexis #0908-096