Bankruptcy – Preference-Period Transfers – Ordinary Course of BusinessSparkman v. Martin Marietta Materials, Inc. (In re Mainline Contracting, Inc.) Despite the notation on the defendant-supplier’s invoices that payment was due 30 days after delivery, during the 90 days before the debtor filed bankruptcy, the debtor made payment, on average, 79 days after delivery.
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Published: November 2, 2012
Time posted: 3:49 pm
Tags: late payments