Peltz v. Merisel Americas Inc. (In re Bridge Info. Sys.)

Pre 2005-Act: 
Pre 2005-Act
Alteration in payment terms defeated ordinary course of business defense to avoidance.
Procedural posture: 
Plaintiff administrator of a bankruptcy debtor's plan brought an adversary proceeding against defendant distributor of computer systems for enhancement and resale by the debtor. The administrator sought to avoid payments to the distributor as preferential, and the distributor asserted defenses based on the ordinary course of business and providing subsequent new value under 11 U.S.C.S. § 547(c)(2), (4).
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Commercial case opionion summary, case decided on March 03,2008, LexisNexis #0508-032