Virginia National Bank v. B. B. Woodson

How courts have described this case

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

• holding that a transfer was not an avoidable preference when it \was made for the specific purpose of paying at least a portion of a particular debt\
• “As a general rule, such a payment, in and of itself and without more, will not create a voidable preference since there has been no diminution of the value of the estate.”
• “It is clear that it was the intention of Vivian Decker[, as a new creditor,] that the $8,000.00 paid by her to the bank was to be applied toward satisfaction of an antecedent debt of Decker[, the debtor in bankruptcy,] to the bank.”

Source: CourtListener parenthetical corpus (CC0).