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Bankruptcy trustee can recover restitution payments (access required)

By: Pat Murphy
Published: August 17, 2010

Tags: , ,

A bankruptcy trustee could recover as a preferential transfer a criminal restitution payment made by the debtors shortly before they filed for Chapter 7 relief, the 9th Circuit has ruled in affirming judgment. The debtors in the case owned an electrical contracting company. They were convicted of insurance fraud for failing to pay required premiums to ...
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