Bankrupt Drug Tester Can Avoid Inova Lien: 8th Circ.
By Samuel Howard ( August 30, 2011, 4:32 PM EDT) -- The Eighth Circuit ruled Tuesday that Inova Capital Funding LLC's lien on the accounts receivable of defunct drug tester Qualia Clinical Services Inc. was avoidable as a preference payment because the creditor had perfected the security interest in the run-up to Qualia's bankruptcy filing....
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