CRF Webinar: Chapter 11 Reform: How Would Trade Creditors Fare?
February 17, 2015
Scott L. Hazan, a partner at Otterbourg P.C., participated in a webinar on February 17, 2015 hosted by the Credit Research Foundation to discuss the impact on trade creditors of the proposals put forth by the American Bankruptcy Institute Commission in its study of potential reform for Chapter 11 of the Bankruptcy Code. The topics included:
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Section 503(b)(9) addressing "20 day goods"
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Preference lawsuits
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Critical/essential vendor status
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Executory contracts
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Non Residential Real Property Leases
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Unsecured Creditors’ Committees
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First Day Motions and debtor-in-possession financing
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Creation of special provisions for small and medium cases
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Plan confirmation issues
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Appointment of estate neutral parties
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Increased wage/benefits and priority claims
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Chapter 11 case venue
Scott L. Hazan was joined in this Webinar by Bruce Nathan of Lowenstein Sandler and Scott Blakeley of the Blakeley law firm.
The Credit Research Foundation is an independent, non-profit, member supported education and research organization dedicated to the credit and financial management community with significant membership including a large portion of Fortune 1000 Corporations.
