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Third Circuit Deems Creditor an "Insider" Based on Abuse of Business Relationship with Debtor and Orders Return of $188.2 Million to Trustee by Jennifer A. Diamantis
Schnader Harrison Segal & Lewis LLP - Philadelphia Office
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March 25, 2009
Previously published on February 2009
The Third Circuit Court of Appeals has adopted a broad interpretation of "insider" status for purposes of avoidance claims under the Bankruptcy Code.
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