United States Ninth Circuit
GANIS CREDIT CORP. v. ANDERSON, 01-55455/56872
Under 11 U.S.C. section 547(c)(2)(C), a court cannot limit "ordinary business terms" to the "average" transactions in the industry, but must consider the broad range of terms that encompasses the practices employed by similarly situated debtors and creditors facing the same or similar problems.
Appellate Information
- Decided 01/13/2003
- Published 01/13/2003
Judges
Court
- United States Ninth Circuit