National Educational Event Calendar for Trusted Business Advisors

A court may recharacterize a creditor’s debt claim as an equity interest. This recharacterization often has a significant impact on creditor claims.


#BusinessDistress #CreditorsCommittee #GeneralUnsecuredCreditor #Insolvency #Priorities
www.dailydac.com/the-elegant-...

National Educational Event Calendar for Trusted Business Advisors

Determining the collateral value of a secured claim is more art than science, especially when the claim is over-secured.
#BankruptcyPetition #BusinessDistress #GeneralUnsecuredCreditor #SecuredClaims #Valuation
www.dailydac.com/determining-...

National Educational Event Calendar for Trusted Business Advisors

Holders of administrative claims are entitled to priority payment so long as the claim was for goods or services that benefited the debtor’s estate.


#BusinessDistress #Chapter11Plans/Confirmation #Claims #GeneralUnsecuredCreditor #Insolvency
www.dailydac.com/demystifying...

National Educational Event Calendar for Trusted Business Advisors

When a customer files for bankruptcy, the vendor must act quickly and consider three key issues to protect their interests and recover their debts.


#Chapter5CausesofAction(InclFraudulentTransfersandPreferences) #Claims #GeneralUnsecuredCreditor #Priorities
www.dailydac.com/3-issues-for...

National Educational Event Calendar for Trusted Business Advisors

The first day hearing is crucial for stabilizing a Chapter 11 debtor's operations and setting the tone for the case.


#CashCollateral&DIPFinancing #Chapter11Plans/Confirmation #Claims #GeneralUnsecuredCreditor #SecuredClaims
www.dailydac.com/the-fundamen...

National Educational Event Calendar for Trusted Business Advisors

The manager of an insolvent LLC has distributed cash to themselves instead of paying off the company’s debts. What can you do as a creditor?


#Chapter11Plans/Confirmation #Chapter7Bankruptcy #CreditorsCommittee #GeneralUnsecuredCreditor #SecuredClaims
www.dailydac.com/what-can-cre...

National Educational Event Calendar for Trusted Business Advisors

A bankruptcy claim is any right to payment from the debtor. Make sure you protect your claim by filing early and amending as needed.


#BankruptcyPetition #Chapter11Plans/Confirmation #Claims #GeneralUnsecuredCreditor #SecuredClaims
www.dailydac.com/filing-and-a...

National Educational Event Calendar for Trusted Business Advisors

When a debtor files for bankruptcy, their creditors are paid based on the absolute priority rule. As an unsecured creditor, where does your claim sit in the order of priority?


#Claims #CreditorsCommittee #GeneralUnsecuredCreditor #InvoluntaryBankruptcy
www.dailydac.com/who-gets-pai...

National Educational Event Calendar for Trusted Business Advisors

For companies operating in both the US and Canada, understanding the complexities of cross-border insolvency can be crucial for survival.


#BusinessDistress #Chapter11Plans/Confirmation #GeneralUnsecuredCreditor #Insolvency #SecuredClaims
www.dailydac.com/cross-border...

National Educational Event Calendar for Trusted Business Advisors

The utilization of LMTs, including the use of private credit, in recent restructurings, and the potential role of AI, could permanently change the game of negotiating credit agreements.


#BankruptcyPetition #BusinessDistress #GeneralUnsecuredCreditor
www.dailydac.com/corporate-re...