The court may make such order as it thinks fit for the distribution of the estate or any part thereof by payment of the expenses, fees, costs and preferential payments as well as the relevant dividend.
22.
The Court assigned Alco Capital Group of Closter to recoup money owed to Sixth Avenue's creditors, and address lawsuits against it who may have received preferential payments from Sixth Avenue in the months before the company closed.
23.
Fernandez has also already sought to shield the country from the effect of increasing oil prices, traveling to Venezuela last month in an attempt to persuade the government there to continue selling oil with preferential payment terms.
24.
The trustee said Fidelity failed to register its lien on the car with the Missouri Department of Revenue within 20 days, the time required in federal bankruptcy law for a lender to be exempt from rules for preferential payments.
25.
The appeals court also ruled that when a bank credits a customer's account for a check that turns out to be unpaid, it doesn't legally amount to a " debt " under the bankruptcy law's ban on preferential payments.
26.
In a consultation paper on the winding-up provisions of the Companies Ordinance, the commission's sub-committee on insolvency suggests preferential payments be eliminated because employees get more money from the government's protection fund than from what is left of a liquidated company.
27.
In a surprise decision that left the legal community entirely baffled, the New Brunswick Court of Appeals later ruled that this was not a preferential payment, which would have been in serious contravention of the BIA ( Bankruptcy and Insolvency Act ).
28.
On April 9, 2009, Irving Picard sued Gibraltar-based Banque Jacob Safra in Manhattan Federal Bankruptcy Court seeking $ 150 million Madoff wired as a " preferential payment " to the bank, invested on behalf of Vizcaya Partners, a British Virgin Islands company.
29.
Lawyers for Powerine's creditors countered that Koch was trying to " create a crisis " by making dire threats about a decision that only " reaffirms the unremarkable principle that a creditor should not receive through preferential payments more than it would have received from a Chapter 7 distribution ."
30.
Laws, representing banks and other debtors who were owed about $ 105 million by Kroh Brothers, argued that the $ 4 million payment to UMB Bank should be returned to the bankruptcy estate as a preferential payment, which let UMB recover its debt in full at the expense of other banks that loaned Kroh Brothers money.
