Roberds, Inc. v. Broyhill Furniture (In Re Roberds, Inc.)

How courts have described this case

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

• rejecting argument that expert on credit practices generally could not testify as to “ordinary course of business” because he did not have sufficient knowledge of payment and credit practices in furniture industry
• “[V]ery few recent lower court decisions, which are clearly not bound by a particular circuit’s ruling, have followed the ‘new value must remain unpaid’ axiom.”
• change in terms during the preference period was a factor supporting the denial of the ordinary course of business defense

Source: CourtListener parenthetical corpus (CC0).