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<h1>Extortionate credit transactions can be challenged by insolvency professionals to avoid agreements imposing exorbitant payment obligations.</h1> Where a corporate debtor was party to a transaction involving receipt of financial or operational debt within the pre-insolvency lookback period and the terms required exorbitant payments by the debtor, the liquidator or resolution professional may apply to the Adjudicating Authority to avoid that transaction; the Board may specify qualifying circumstances, and debts from regulated financial service providers that comply with applicable law are excluded from being treated as extortionate.