Commercial Contractors, Inc. v. United States

How courts have described this case

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

• holding that, for purposes of § 547(c)(1), a creditor confers new value on the debtor's estate by releasing security interests
• although late payments are not per se out of the ordinary, delay is particularly relevant in taking a payment outside the ordinary course of business exception

Source: CourtListener parenthetical corpus (CC0).