This session, featuring Lowenstein partners Bruce S. Nathan and Andrew Behlmann, addresses several hot issues that credit professionals have been dealing with in Chapter 11 cases. The speakers will discuss recent significant rulings helpful to trade creditors on section 503(b)(9) priority claims for goods received by a debtor within 20 days of bankruptcy; an upcoming ruling by the States Court of Appeals for the 11th Circuit on the applicability of the new value preference defense to invoices paid post-petition to critical vendors and creditors with section 503(b)(9) priority claims; recent ordinary course of business decisions favorable to trade creditors; the split in the case law on the enforceability of non-consensual releases of claims against non-debtor third parties; and a recent court decision showing the importance of adhering to and not disregarding bankruptcy deadlines.

Speakers:

Time: 3:15-4:30 p.m. CT

Location: Chicago, IL

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