1. Section 1 of the Preferential Payments in Bankruptcy Act 1888 first introduced the concept. 2. Various preferential payment schemes are being offered by the developer. 3. Dean Witter told its brokers last month that the firm would end the preferential payments . 4. It was amended by section 2 of the Preferential Payments in Bankruptcy Amendment Act 1897. 5. It is also unclear whether Enron violated any rules or laws in making the preferential payments . 6. Federal law prohibits " preferential payments " in the 90 days leading up to a bankruptcy filing. 7. They would need to prove that preferential payments were made, obstructing creditors from getting their fair share. 8. Haiti is a member of Petrocaribe, an agreement allowing Caribbean nations to buy Venezuelan oil on conditions of preferential payment . 9. "' Petrocaribe "'is an oil alliance of many Caribbean states with Venezuela to purchase oil on conditions of preferential payment . 10. As part of those costs, they take priority over the preferential payments for rates, taxes and wages, and over the debenture holder.
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