Practical Law Glossary Item 2-382-3249 (Approx. 3 pages)
Glossary
Avoidance Power
Also known as avoiding power, avoidance, avoiding, or avoid. The rights belonging to a debtor or Chapter 11 trustee in bankruptcy to void liens created before bankruptcy or to reverse certain transfers of property (such as preferences and fraudulent transfers) made before bankruptcy and recover the property for the estate to pay creditors.