This message is sent to you by Bank Newswatch

Bankruptcy Preferences

Date: Thursday, November 1, 2018
Time: 1:00-2:30 pm ET

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00
 

Gain an understanding of the best bankruptcy preference that correlates with specific client needs.

Preference law is controversial because it is designed to punish creditors which are paid in advance of a bankruptcy filing by that creditor’s debtor. It’s also extremely frustrating because it punishes creditors that are conscientious in being paid either out of economic necessity or company policy.

This topic will explain strategies for creditors to proactively avoid a preference challenge, outline defenses, many of which are oftentimes overlooked, and educate debtors as to when preference recoveries can work to their benefit.

Learning Objectives:

  • You will be able to describe the benefits in Chapter 11 and Chapter 13.
  • You will be able to identify potential defenses.
  • You will be able to recognize unusual issues in preference litigation.
  • You will be able to review debtor strategies.

This Live Webinar Covers These Hot Issues:

Brief Introduction to Preference Law

• Statutory Definition
• General Defenses
• Application in Chapter 7, Chapter 11, and Chapter 13
• How Pursued

Potential Defenses

• Insider vs. Non-Insider
• Contemporaneous Exchange
• Ordinary Course Transaction
• New Value

Unusual Issues in Preference Litigation

• Danger of Involuntary Cases
• Domestic Relations Claims
• Tax Claims
• Determining When a Payment Is Actually Made
• Collectability Issues

Debtor Strategies

• Why a Chapter 7 Debtor May Want Preferences Recovered
• When a Debtor Does Not Want to Be Facing a Preference Recovery
• Benefits in Chapter 11 and Chapter 13
• Potential 11 U.S.C. § 523 Issues

Credit Information (Sponsored by Lorman Education Services)

  • CLE
  • CPE
  • NASBA
  • Bankers

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty

Randy Nussbaum, Sacks Tierney P.A.

  • Shareholder with Sacks Tierney
  • More than 38 years of experience with complex bankruptcy protection (debtor and creditor), transaction and litigation matters
  • Certified Bankruptcy Specialist and a Certified Business Bankruptcy Specialist American Board of Certification
  • Received the Best Lawyers® 2019 Bankruptcy “Lawyer of the Year” award in Scottsdale
  • Frequent speaker and has written numerous publications
  • J.D. degree, Arizona State University; B.A. degree, cum laude, Arizona State University
  • Can be contacted at 480-212-1682 or randy.nussbaum@sackstierney.com

(Not available outside the US)