August 11, 2023
MPS EMPLOYS “EARMARKING” DEFENSE TO DEFEAT PREFERENCE CLAIM AGAINST INVESTOR IN LITIGATION FINANCE COMPANY
When an investor in a litigation finance company was sued by the trustee appointed in the company’s former owners’ chapter 7 bankruptcy case to recover repayment of the investor’s loan to the company as a “preferential transfer,” she was referred to MPS bankruptcy and restructuring partner Tim Brink by another firm client. Having represented numerous…