Can formal net payment arrangements be upheld when one party enters bankrupcyTwo parties A and B trade with each other and there is a formal agreement in place between the two parties that they will net settle each month. Should party A enter bankrupcy, and the trustees chase settlement of outstanding amounts due to A from B, can B net settle its outstanding amounts in line with the existing agreement.? Attorney answers (0)No Attorney answers yet.Most questions get answered by a lawyer within a few hours. Until then, the questions below might help you. Find Defective & Dangerous Products Lawyers |