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‘Admin’ Claims for 20-Day Shipments Don’t Offset the New Value Defense, Circuit Says

A shipment received by a debtor within 20 days of filing gives the creditor both an administrative claim and a new value defense to a preference, the Eleventh Circuit says.

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Opinion Link

Case Details

Case Citation

Auriga Polymers Inc. v. PMCMK2 LLC, 20-14646 (11th Cir. July 18, 2022)

Case Name

Auriga Polymers Inc. v. PMCMK2 LLC

Case Type

Business
Court