Experts in bankruptcy preference action defense for consumer company

Experts in bankruptcy preference action defense for consumer company

We were engaged by outside counsel to serve as an expert in the defense of a bankruptcy preference action brought against the client. We conducted detailed analyses of the various defenses available to the client including detailed industry research to determine ordinary practices. We analyzed the client’s potential exposure under a range of scenarios. Our work was used by Counsel to secure a settlement that was less than 20% of the amount initially sought.

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