The Ultimate Legal Dictionary
PracticePanther compiled a list of the legal terms and definitions every
attorney, paralegal, and law student needs to know when running a law firm.
Insider of Corporate Debtor
DEFINITION
In the context of bankruptcy or debtor/creditor law, an insider is A director, officer, or person in control of the debtor, a partnership in which the debtor is a general partner, a general partner of the debtor; or the relative of any person in control of the debtor.
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