Understand Delivered Duty Unpaid (DDU) and Its Modern Equivalent, DAP

Learn how Delivered Duty Unpaid (DDU) affects seller and buyer responsibilities, and discover its updated counterpart, ...
JD Supra

Post-Petition Payment for Pre-Petition Delivery of Goods under Section 503(b)(9) Does Not Reduce Creditor’s Subsequent New Value Defense to Preference Lawsuit

An Eleventh Circuit Court of Appeals’ decision permits a creditor both to be paid in full under Bankruptcy Code section 503(b)(9) for goods delivered within 20 days before commencement of a bankruptcy ...