BNET Business Dictionary
Business Definition for: Preferential Payment
- a payment to a preferential creditor
Additional Resources
- Changes to Bankruptcy Code Simplify Preferential Payment Defenses
- To: BUSINESS EDITORSContact: Dorene Robotti of Clear Thinking Group, +1-908-431-2121; or Bill Parness or Lisa Kreda, +1-732-290-0121, parnespr@optonline.net, both of Parness & Associates, for Clear Thinking Group HILLSBOROUGH, N.J., Sept. 12 /PRNewswire/ -- Defending preferential payments has traditionally been a complicated process for creditors involved in bankruptcy cases. However, significant...
- Research articles 2007-09-12
- HHS Approves Renewal of California Medicaid Waiver Plan to Contract with Hospitals
- WASHINGTON, Feb. 7 /U.S. Newswire/ -- HHS Secretary Tommy G. Thompson today announced an extension of a longstanding waiver for California's Medicaid program that will allow preferential payment for certain hospitals that treat the state's most vulnerableWASHINGTON, Feb. 7 /U.S. Newswire/ -- HHS Secretary Tommy G. Thompson today announced an...
- Research articles 2003-02-07
- Pre-Payment Rip-Offs Leave Consumers Out of Pocket
- Every pre-payment is an act of faith -- and too many consumers are being betrayed, according to consumer champions Consumer Focus. It is calling for customers to be 'promoted' to preferential creditor status -- and for company directors who misuse pre-paid funds to...
- Blog posts 2009-08-10
- TV Azteca payment to shareholders approved.
- MEXICO CITY, Apr 16, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's second largest television chain, TV Azteca has announced that its shareholders assembly has approved the distribution of US$55 million to investors this year. Of this total, US$52 million will come...
- Research articles 2004-04-16
- Preferences
- A preference or preferential transfer under Section 547b of the federal bankruptcy code is: A payment or transfer of an interest in property received by a creditor within a defined period prior to the payor debtor filing bankruptcy. The purpose of the law is to discourage disparate treatment of creditors...
- White papers 2003-08-21
- Winding Up a Business
- If your business is experiencing financial difficulties and is likely to fail, you may need to close your doors to avoid making the situation worse than it already is. You have a legal duty to cease operating when there is no chance of your business recovering and paying back its...
- Articles 2007-10-02
- Grupo Mexico Shareholders Approve Dividend, Authorize Issuance of 70,000,000 Shares of New Common Stock
- Business Editors MEXICO CITY, D.F.--BUSINESS WIRE--May 1, 2000 Shareholders of Grupo Mexico S.A. de C.V. Friday approved payment of an annual dividend and authorized issuance of 70,000,000 new shares of Series B common stock. Approval of the dividend and share issuance came at Grupo Mexico's Annual Ordinary...
- Research articles 2000-05-01
- Popular developer's stats suggest you can't make a living off the Android Market -- yet
- For every rags-to-riches story in Apple's App Store , every amazing tale of Joe Coder in his basement turning a dead-simple idea into a few thousand dollars a day, there are... well, zero in the Android Market . At least, that's the impression we're getting by digging into...
- News items 2009-09-01
