The preference claims centered on Genesis’s return of Receive end users’ property are lawfully flawed since the transactions at situation: (i) have been payments while in the normal system of company, (ii) are protected against avoidance because of the Individual bankruptcy Code’s “Harmless harbor” provisions; and/or (iii) will not be the

It can be crucial to notice that these counterclaims are completely anticipated. Genesis failed to meet up with its obligations and predictably, It's not at all doing the appropriate point but in its place seeking to progress arguments that look for to deflect their accountability when at the same time taking worth away from Make consumers and funn