What Are Some Less Traditional Defenses to a Preference Action?
Creditor's Rights Toolkit
The ordinary course of business, new value, and contemporaneous exchange for new value defenses are the most frequently used defenses in a preference action. However, there are additional, less common defenses that a knowledgeable creditor may employ to reduce, or even eliminate preference liability.
This article will delve into these less traditional defenses. To access this article and read other insights from our Creditor's Rights Toolkit, please click here.