New Court Ruling on Whether Avoidance Powers Require Benefit to Creditors
PBWT
JULY 20, 2021
The Bankruptcy Code grants the power to avoid certain transactions to a bankruptcy trustee or debtor-in-possession. Glove, Inc. (“Plaintiff”) is a manufacturer of gymnastic grips and wrist supports. Plaintiff moved for summary judgment on this issue in April 2021. See, e.g., 11 U.S.C. §§ Glove, Inc. ,
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