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dc.contributor.authorKronman, Anthony
dc.contributor.authorJackson, Thomas
dc.date2021-11-25T13:34:14.000
dc.date.accessioned2021-11-26T11:34:42Z
dc.date.available2021-11-26T11:34:42Z
dc.date.issued1976-01-01T00:00:00-08:00
dc.identifierfss_papers/1074
dc.identifier.contextkey1669108
dc.identifier.urihttp://hdl.handle.net/20.500.13051/269
dc.description.abstractOne of the principal duties of a trustee in bankruptcy is to marshall the unsecured assets of the bankrupt estate, liquidate them, and distribute the proceeds among the estate's unsecured creditors in a statutorily prescribed manner. In performing this duty, the trustee enjoys a number of so-called "avoiding powers," carefully delimited in sections 60, 67 and 70 of the present Federal Bankruptcy Act. These powers enable the trustee to set aside certain pre-petition transfers made by the bankrupt and to recover the transferred assets for the benefit of the bankrupt's unsecured creditors. Among the transfers subject to the trustee's avoiding powers are those involving security interests. Those sections of the Bankruptcy Act that define the trustee's avoiding powers provide the principal forum for determining which pre-bankruptcy security transactions will survive the "acid test" of bankruptcy and which will not.
dc.titleVoidable Preferences and Protection of the Expectation Interest
dc.source.journaltitleFaculty Scholarship Series
refterms.dateFOA2021-11-26T11:34:42Z
dc.identifier.legacycoverpagehttps://digitalcommons.law.yale.edu/fss_papers/1074
dc.identifier.legacyfulltexthttps://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=2073&context=fss_papers&unstamped=1


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