Murley writes article on the new value defense in bankruptcy proceedings

Murley writes article on the new value defense in bankruptcy proceedings
When the Third Circuit Speaks, Trade Creditors Should Listen: Takeaways on Subsequent New Value from In re Friedman’s
Lucian B. Murley and Paul R. Hage
Business Credit

Luke Murley, an associate in the Bankruptcy and Restructuring Practice, wrote this article about using the “new value” defense in the Bankruptcy Code  to fend off preference actions and why decisions on preference issues from the Third Circuit Court of Appeals are significant.