In 2005, the definition of the ordinary course of business defense should not have been allowed to insulate payments from recovery, only if they are made according to what is considered the ordinary course in the creditor’s industry. Reclassifying or allowing executive bonuses are not justifiable.
Closed Stores=Big Bonuses
Bruce Willard Barren on LinkedIn • 5 min read
By Paul Ebeling on July 18, 2020