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Represented ACCEO Solutions, Inc. in bankruptcy case converted to Chapter 7

Counsel for ACCEO Solutions, Inc., a creator of middleware payment technology and software, in J & M Sales, Inc. and National Stores’ bankruptcy case that was converted to Chapter 7. Successfully negotiated favorable pre-answer settlement of preference claim. Attended mediation and obtained significant reduction of claim based on assumption of contract, “ordinary course,” “subsequent new value,” “contemporaneous exchange,” and “mere conduit” defenses.