This guide is a unique resource for lawyers seeking to develop greater familiarity with bankruptcy law. It will provide entry into bankruptcy analysis and processes for practitioner's embarking on identifying, asserting, objecting to and/or defending claims in a bankruptcy case and evaluating the manner that claims may be treated. Providing a starting point for legal analysis, highlighting key issues, and answering key bankruptcy questions, this guide will provide you with guidance on:
• A summary of debtor's duties, including the preparation of the debtor's schedules, a chart that includes the debtor's assets and liabilities
• The life cycle of the claim, from when the claim arises to the contents, effects, timing and location of filing, concluding with rules regarding amendments to a claim
• Secured claims and transitions into unsecured claims
• The quasi-claim known as "reclamation" claim or the right of a vendor to demand the return of certain delivered goods from the debtor
• Administrative expenses, including the process for claiming these expenses
• Objection to claims
The Business Bankruptcy Committee is part of the ABA Business Law Section and focuses on business bankruptcy dealings, corporate restricting and insolvency through cutting-edge educational programming.
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Pack Edt: Gals. Vol 2 a 6
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