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Standard Scope of Work Form

Standard Scope of Work Form

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hi it's Roland Jones this is another video in a series on preference and pral conveyance issues this case involves uh a company that was in the business of buying and selling electricity and a a Vista is the defendant a preference action brought by the deor so 2 2015 case the main issue here is whether uh it can be ordinary course for the debtor to make a payment right before bankruptcy in the 90day preference period uh when it was in the business of closing down its operation when it was in in the um in the midst of closing down its operations or actually had closed down its operations so the fact pattern here is that the energy trading business um had ceased apparently uh buying and selling uh electricity uh but for some reason that was not explained made this uh made this purchase from uh from the defendant and so uh the trusty argued hey this can't be ordinary course they're they're not doing business anymore they haven't done business in a y

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