Health Diagnostic Laboratory Begins 2nd Round of Preference Litigation
Health Diagnostic Laboratory, Inc.'s liquidating trustee ("HDL") has brought avoidance actions against HDL's vendors, suppliers, and other partners to recover payments made in the 90 days before it filed bankruptcy on June 7, 2015. This is common practice in a large liquidating bankruptcy case, as creditors and vendors are often sued by debtors to avoid "preferential payments".
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