Miller v. JNJ Logistics LLC (In re Proliance Intl Inc.)

Ruling: 
Creditor's liability for preferential transfers reduced to the extent paid and unpaid subsequent new value was provided.
Issue: 
Whether an alleged preferential transfer may be reduced by subsequent new value regardless of whether it was "paid" or "unpaid" prior to the petition date, or whether the defense is only to the extent that the subsequent new value remained "unpaid?"
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Commercial case opionion summary, case decided on August 14,2014, LexisNexis #0914-052