What is the legal implication of entering into a secret agreement with a debtor, where the debtor receives special benefits at the expense of the other creditors, while being aware of this arrangement?
Entering into such a secret agreement with a debtor, where they receive special benefits to the detriment of the other creditors, while being aware of this arrangement, can have serious legal consequences. It can be considered as fraudulent behavior and may result in legal actions being taken against the party involved.