March 12, 2014 | Delaware Business Court Insider
Controlling Date of a Subsequent New Value DefenseIn a recent decision in Giuliano v. Innovative Nationwide Builders (In re Ultimate Acquisition Partners), Bankr. No. 11-10245, Adv. No. 11-52633 (Bankr. D. Del. Jan. 31, 2014), U.S. Bankruptcy Judge Mary F. Walrath of the District of Delaware, in deciding a summary judgment motion filed by the defendant in this particular adversary proceeding, addressed several issues, including the issue of subsequent new value.
By Michael R. Lastowski and Lawrence J. Kotler
7 minute read
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