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Computer World Solution Inc. v. Apple Fund LP (In re Computer World Solutions Inc.)

Ruling: 
Involuntary debtor's preference period payments on loan which was disguised as income avoided.
Procedural posture: 
Chapter 11 debtor filed adversary an complaint against defendant creditor, a lender that had collected a partial repayment of its loan from the debtor during the preference period prior to the filing of an involuntary chapter 11 petition against the debtor. The debtor sought to avoid the repayment as a preferential transfer under 11 U.S.C.S. § 547.
Issue: 
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Commercial case opionion summary, case decided on March 17,2010, LexisNexis #0610-018