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Decision in NWL Holdings, Inc., Limits the Ability of Defendants to Transfer Preference Actions

By Fox Rothschild LLP on March 29, 2011
Posted in Opinions

Summary

In a 17 page decision signed on February 24, 2011, Judge Walrath of the Delaware Bankruptcy Court applied a twelve factor test in determining if a preference action against an out-of-state defendant could be transferred by that defendant to another jurisdiction more convenient to it. In her opinion issued in response to a motion…

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