DEPRIZIO DOCTRINE

Deprizio  doctrine.Bankruptcy. The rule  that  a  debtor’s  payment to  an  outside  creditor  more

than 90 days before a bankruptcy filing is voidable as a preferential transfer if it benefits an inside

creditor. Levit v. Ingersoll Rand Fin. Corp. (In re V.N. Deprizio Constr. Co.), 874 F.2d 1186 (7th

Cir. 1989). [Cases: Bankruptcy    2608(2). C.J.S. Bankruptcy §§ 138–139.] [Blacks Law 8th]