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Section 547 Bankruptcy Preferences Commercial Bankruptcy

Nelson Mullins Riley & Scarborough LLP

Courts Remain Divided on Whether Avoidance Actions are Estate Property That May be Sold

Nelson Mullins reported on March 25 that the Fifth Circuit Court of Appeals, in Matter of S. Coast Supply Co., 91 F.4th 376 (5th Cir. 2024), held that preference claims arising under 11 U.S.C. ยง 547 may be sold, reversing the...more

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