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Representative Work: Preference Litigation

We represent a client who is often sued for preferential transfers. As a result of our 10+ years of representation of this client, the client accepted an offer to settle "all preference claims" for about $2,000. Subsequently, the debtor made demand for additional sums from the client (approximately $1 million based on additional preferential transfers later discovered by the debtor). We successfully defended the trustee's larger claim, and the debtor ultimately dismissed its claim with no additional payment from the client.

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