potential preferential payment
July 22nd, 2008 by Questions
my question relates to documents I received from the Superior Court District of Montreal stating we received payments from a company at a time this company was considered insolvent.
We were not aware of the companies situation at time of payment. we were paid 425K out of 855K owed. they filed bankruptcy owing me $430K.
the Court wants me to return what they consider preferential payments.
how does that work ?
Posted from: Quebec