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Understanding Bankruptcy Preference Law Just Saved My Business a Bunch of Money ( October 2004 )
A popular, nationally-known insurance company advertises that it can save its audience/customer base "a bunch of money" if they takes fifteen minutes of their time to analyze their present insurance costs. Like this insurance company, businesses that extend unsecured trade credit to their customers can save a bunch of money by educating themselves about the bankruptcy laws concerning preferential transfers. -
The Brave New World of Preference Litigation: An analysis of Section 547 of the Bankruptcy Code ( June 2004 )
Within the past five years the world of preference litigation, suits by a debtor against its creditors seeking avoidance and recovery of transfers made within 90 days of a bankruptcy filing pursuant to sections 547 and 550 of the United States Bankruptcy Code. Because Delaware Bankruptcy courts see the lion's share of "mega cases," it should be no surprise that Delaware lawyers must of necessity become adept at navigating the treacherous and often murky waters of preference litigation. -
Payments Made to Secured Creditors May Be Considered Preferential Where the Secured Creditor Has a Floating Lien and is Undersecured ( November 2001 )
Payments made to creditors in the 90 days preceding a bankruptcy case may be avoided as preferential under Section 547 of the Bankruptcy Code if certain conditions are met. One of the conditions is that the transfer enables the creditor to receive more than the creditor would receive if: (a) the case were a case under Chapter 7 of the Bankruptcy Code; (b) the transfer had not been made; and (c) the creditor received payment of the debt to the extent provided by the Bankruptcy Code. -
When the going gets tough for your customers, the tough creditor gets going ( November 2000 )
This article reviews how a company can protect itself if one of it's customers is going through bankrupcty. -
Employment-Based Permanent Residency Categories ( July 2000 )
Congress has designated preference groups for purposes of immigration. The first three employment-based preference. -
Employment Based Preferences for Permanent Residence ( March 2000 )
FIRST PREFERENCE Includes: Intra-Company TransfersÃÂExecutive or Managers Outstanding Professors and Research. -
Pre-Bankruptcy Planning ÃÂ For Plaintiffs? ( February 2000 )
Often litigation successes turn to profitless nightmares with the filing of a bankruptcy. A multi-million dollar j. -
Is Your Inventory Lien Enforceable? ( September 1999 )
Inventory lenders beware. A 1994 amendment to the Bankruptcy Code may turn the priority scheme on its head. S.
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