Bankruptcy Code Temporarily Tilts in Favor of Supplier and Landlord Preference Defendants Written by Ronald D.P. Bruckmann of Shumaker, Associate. email@example.com For a limited time only, the “Consolidated Appropriations Act, 2021” (CCA) signed into law on December 27, 2020 amends Bankruptcy Code Section 547 to shield certain deferred supplier and rent payments from avoidance as […]Continue reading "Bankruptcy Code Temporarily Tilts in Favor of Supplier and Landlord Preference Defendants"
Chapter 11 Filings Surge: Winning Solutions for Suppliers in a Zero-Sum Game -Written by David Conaway, Attorney at Law, Shumaker, firstname.lastname@example.org According to the American Bankruptcy Institute, 3,600 companies filed Chapter 11 in the first half of 2020. Chapter 11 filings for 2020 are on pace to eclipse any year since 2012. During the same […]Continue reading "Chapter 11 Filings Surge: Winning Solutions for Suppliers in a Zero-Sum Game"
Trade creditors enter into consignment arrangements with their financially distressed customers to increase the likelihood of payment of their claims.Continue reading "Consignment the Wrong Way: Recovery Still Possible"