Exploring the Bankruptcy Code Section 503(b)(9)
Overview:
In this two-hour LIVE webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help firms understand the important aspects of this significant topic. They will provide an in-depth discussion of with regards to the recent developments and key issues relating to the Goods shipped within 20 days under Section 503(b)(9) of the Bankruptcy Code.
Key topics include:
- Bankruptcy Code’s Priority Schemes
- Expenses allowed as Administrative Expenses
- Requirements for Suppliers under the Section 503(b)(9)
- Qualified Goods for the Bankruptcy Code Section 503(b)(9)
- Bankruptcy Courts’ decision for hybrid situations
- Interplay between 503(b)(9) and preferential transfers
- And a lot more!
Agenda:
SEGMENT 1:
Heath D. Rosenblat, Counsel
Drinker Biddle & Reath LLP
- How do sellers and buyers do business – general discussion of the types of delivery terms;
- What is the nature of the transaction – the predominant factor test;
- Are expenses and claims the same and how do some move up the ladder; and
- In re World Imports, what should be the appropriate guide for undefined terms in the Bankruptcy Code
SEGMENT 2:
George Apostolides, Partner
Arnstein & Lehr LLP
- How have courts interpreted “goods” under 503(b)(9)
- When are goods deemed “received” under 503(b)(9)
SEGMENT 3:
Andrew N. Goldman, Partner
WilmerHale
AND
Benjamin Loveland, Counsel
WilmerHale
- Can a debtor exercise setoff rights against a creditor’s Section 503(b)(9) claim?
- Are Section 503(b)(9) claims subject to disallowance under section 502(d) if the creditor has received a potentially avoidable transfer (e.g., a preference or fraudulent transfer)?
- What is the interplay between Section 503(b)(9) claims and defenses to actions seeking to avoid preferential transfers (e.g., the new value defense)?
Who Should Attend:
- Bankruptcy Lawyers
- Bankruptcy Professionals
- Business Managers
- Sales Executive and Personnel
- Sales Department
- Operations Executives
- Marketing Adviser
- In-house Counsel
- Chief Marketing Officer
- Top Level Management
- Multinational Companies
- Private and Public Companies
- Other related/interested Professionals and Organization
Andrew Goldman is the Vice Chair of WilmerHale’s Bankruptcy and Financial Restructuring Practice Group, and is resident in the firm’s …
Benjamin Loveland is a counsel at WilmerHale whose practice focuses on bankruptcy, bankruptcy-related litigation, and debt financing. Mr. Loveland represents …
George Apostolides is a partner and the co-head of the firm’s Commercial Litigation Group. His practice focuses on business and …
Heath has been involved in numerous aspects of work-out and restructuring matters in connection with his representation of debtors, trustees/receivers, …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
NONE
Course Code:
144959
NASBA Field of Study:
Specialized Knowledge and Applications
NY Category of CLE Credit:
Skills
Total Credits:
2.0 CLE
Login Instructions:
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SPEAKERS' FIRMS:
About WilmerHale
WilmerHale provides legal representation across a comprehensive range of practice areas that are critical to the success of its clients. The law firm’s leading Intellectual Property, Litigation/Controversy, Regulatory and Government Affairs, Securities, and Corporate and Transactional Departments participate in some of the highest-profile legal and policy matters. With a staunch commitment to public service, the firm is renowned as a leader in pro bono representation. WilmerHale is 1,000 lawyers strong with 15 offices in the United States, Europe and Asia. For more information, please visit www.wilmerhale.com.
Website: https://www.wilmerhale.com/
About Arnstein & Lehr LLP
Arnstein & Lehr is a full-service law firm that serves a diverse client base including large corporations listed on the public stock exchanges, middle-market companies, nonprofit organizations, and emerging businesses. Clients include government, healthcare entities, higher education institutions, financial institutions, trade associations, and a broad range of businesses in the retail, industrial, manufacturing, distribution, technology, and services sectors. The firm also counsels individuals as to their personal needs, including estate planning, probate matters, and the transfer of wealth and business interests from one generation to another.
Website: https://www.arnstein.com/
About Drinker Biddle & Reath LLP
Drinker Biddle & Reath LLP is a longstanding firm with a forward-thinking attitude. With more than 615 lawyers in 11 offices nationwide, the full-service firm strives to provide clients with unparalleled service in a comprehensive range of legal and industry practices, including corporate restructuring, health care, intellectual property, commercial litigation, communications litigation, corporate and securities, employee benefits and executive compensation, environment and energy, government and regulatory affairs, insurance coverage, investment management, labor and employment, life insurance and annuities, products liability and mass tort litigation, private client services, and real estate.
Clients choose Drinker Biddle for its sophisticated yet efficient approach to handling their most important business transactions, litigation and government affairs efforts.
Website: https://www.drinkerbiddle.com/