U.S. Aeroteam, Inc. v. Delphi Automotive Systems, LLC (In Re U.S. Aeroteam, Inc.)

How courts have described this case

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

• holding that mutuality existed for two separate setoffs, one stemming from an assignment, and the other stemming from unpaid goods, then stating in dicta that \further support\ for these results existed because the creditor in question had a \contractual right of setoff\
• “Consequently, a ‘triangular setoff,’ ... is prohibited because there is no mutuality of debt between two parties.”
• “Generally, courts are in agreement that an assignment of rights can create mutuality for setoff purposes.”
• “Generally, courts are in agreement that an assignment of rights can create mutuality for setoff purposes.”
• “Generally, courts are in agreement that an assignment of rights can create mutuality for setoff purposes.”
• “Setoff is a doctrine that allows entities who owe money to each other to cancel out or apply their mutual debts against each other thereby avoiding the ‘absurdity of making A pay B when B owes A.’ ”

Source: CourtListener parenthetical corpus (CC0).