Pleading “Reasonable Due Diligence” In A Preference Complaint (In ...
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Lowenstein Sandler LLP على Instagram : "💰 BANKRUPTCY LOWDOWN 💰
What does “reasonable due diligence” really mean in preference actions? In a recent Delaware Bankruptcy Court decision, a Trustee’s failure to plead presuit diligence under Section 547(b) of the Bankruptcy Code led to dismissal of the preference complaint. In the latest episode of the Lowenstein Bankruptcy Lowdown, partners Gianfranco Finizio and Colleen Restel unpack this ruling and share key takeaways for litigating preference claims post-2020.
🎥 Click the link in our bio to watch the full video!
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