Under section 547(b) of the Bankruptcy Code, a trustee can avoid and recover a transfer as a preference by satisfying various requirements. Once a trustee proves all of the elements of a preference, there are affirmative defenses that can reduce a creditor’s potential preference exposure. In this webcast, a panel of distinguished professionals will help you understand the most critical issues which will include:

    • What is a preference
    • Defenses to a preference
      • New Value Defense
      • Ordinary Course of Business Defense (Subjective and Objective Tests)
      • Contemporaneous Exchange
      • Prepayments
    • Various Preference issues
    • Recent Preference Court Decisions

This course will help financial executives, attorneys and people responsible for collecting account receivables understand the regulations including best practices as to avoid the common pitfalls.

Speaker: Steven Rich, Mayer Brown LLP

For more information or to register, please click on the button below.