- 11 U.S.C.
Cage v. Waite (In re Moye)
Nov
18
2010
Ruling
Payments to investors in retail installment contracts were avoidable or preferential.
Procedural posture
Bankruptcy trustee brought adversary proceedings against defendant investors in vehicle retail installment contracts of bankruptcy debtors, seeking to recover payments by the debtors to the investors related to the contracts as preferential transfers under 11 U.S.C.S. § 547. The trustee moved for summary judgment.
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Court
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