Accelerating Payments Defeats the ‘Ordinary Course’ Defense
Payments made after threats and demands are not eligible for the ‘ordinary course’ preference defense.
Court:
Benchnotes June 2018
Journal Issue:
Tax Sales Can Be Avoided as Preferences, New Jersey District Judge Rules
Not a true public sale, a tax foreclosure in New Jersey can be attacked as a preference without implicating concerns about federalism.
Court: