Draft a preference and fraudulent-transfer chronology from the books
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the bank records and invoices the lawyer designates, list each transfer, its date, the payee, the amount, and whether the date falls inside 90 days or one year before the petition. Do not plead a claim.
- What the lawyer must review
- Section 547(b) lets the trustee avoid a transfer of an interest of the debtor in property that was to or for the benefit of a creditor, for an antecedent debt, made while the debtor was insolvent, on or within 90 days before the petition or, if the creditor was an insider, between 90 days and one year before the petition, and that enables the creditor to receive more than in a chapter 7 case if the transfer had not been made. Section 547(f) presumes insolvency during the 90 days before the petition. Section 547(c) states the defences, including contemporaneous exchange and ordinary course. Section 548(a)(1) lets the trustee avoid a transfer made or an obligation incurred on or within two years before the petition for actual intent to hinder, delay or defraud, or for less than reasonably equivalent value in the circumstances the subsection states. The lawyer tests every row against the statute. A complaint is a separate, Red, step.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Verify dates, people and sequence against contemporaneous records. Preserve uncertainty and identify gaps or conflicting accounts.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.