Anderson-Smith & Associates, Inc. v. Xyplex, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that bank’s recor-dation of lien on title to debtors’ vehicle could not be preferential transfer, where lien was recorded postpetition
• finding that parties intended a contemporaneous exchange for new value when creditor refused to deliver goods without debtor’s assurance of payment
• collecting cases that hold that the contemporaneous exchange for new value defense protects transactions that do not deplete the estate
• nine-day delay; \A transaction can be substantially contemporaneous even where there is some separation between the events of the extension of new value and the transfer by the debtor\
• time lag of six days

Source: CourtListener parenthetical corpus (CC0).