Protecting Your Company Against Revenue Clawbacks: Preference Actions (Part 3 of 3) | PilieroMazza PLLC
To embed, copy and paste the code into your website or blog: This is the final part of our three-part series on revenue clawbacks. The scenario: a customer or teaming partner goes bankrupt and then they (or a trustee) demand you return money they already paid you for services or goods duly rendered. In the first entry, we discussed the definition of preferences and the policy purpose of preference actions. In the second, we identified five specific actionable items to take to limit your exposure to them. In this finale to the series, we discuss critical steps that should be taken if you find...
Source: jdsupra.com