Clearer Conceptions of Insider Preferences

Abstract

In the midst of the falling sky, Professor Jay Westbrook offered a qualified defense of Levit.27 His defense was provocative, but seriously flawed. I wrote a Response to the Westbrook Article (Article) which identified deficiencies in his analysis and suggested that a much better case could be made for Levit.28 Westbrook then wrote a passionate Reply that was sharply critical of my Response. 29 This essay-rejoinder will put Levit, the Westbrook/Alces differences, and the consequences of our differences in perspective.

Keywords

Preferential transactions (Bankruptcy), Bankruptcy transfer avoidance

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Authors

Peter A. Alces (The College of William & Mary School of Law)

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