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preference of a creditor

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 84 U.S. 473 - Wilson v. City Bank · 1873Most cited · 113 citing opinions

something more than passive non-resistance of an insolvent debtor to regular judicial proceedings, in which a judgment and levy on his property are obtained, when the debt is due and he is without just defence to the action, is necessary to show a preference of a creditor, or a purpose to defeat or delay the operation of the Bankrupt Act