This National Association of Credit Management webinar features an introduction to and overview of the Bankruptcy Code and its impact on trade creditors, presented by Lowenstein's Bruce S. NathanAndrew Behlmann, and Michael Papandrea.

Topics include an overview of the different Bankruptcy Code chapters: 7, 11, 12, 13 and 15; requirements for participating in involuntary bankruptcy filings; importance of first day motions, such as DIP financing/cash collateral; access to information about a bankruptcy case; the claims priority ladder; risks of extending credit to Chapter 11 debtors; critical vendor treatment; rules for filing proofs of claim and for asserting 503(b)(9) priority claims; litigation issues relating to 503(b)9) priority claims and reclamation rights; defending preference claims; and (time permitting) Section 363 asset sales vs. plans of reorganization and Sub Chapter 5 small business debtor cases.

Speakers:

Time: 3 p.m. ET

*This event is open to the public but requires a registration fee.