Cossitt v. First American State Bank (In Re Fort Dodge Creamery Co.)

How courts have described this case

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

• “Section 549(b) is intended to protect contemporaneous exchanges for value to permit continued operation of the business during the ‘gap’ period. It is not intended to protect post-commencement payment of pre-petition debt.”

Source: CourtListener parenthetical corpus (CC0).