A bankruptcy filing by a single construction project participant can cause a chain reaction in which payments aren't met, leading to financial distress, impacts to project payment systems and ...

A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP") as a means of ...

Even solvent companies can find themselves in bankruptcy court and forced to return payments when a customer or vendor goes bankrupt. Here’s how to respond—and defend—when a trustee comes calling. As ...

As the saying goes, what goes up, must come down. After years of robust growth, the U.S. economy appears to be hitting a rough patch. In the coming months, it is likely that some businesses will not ...

Preference recoveries brought under Section 547 of the Bankruptcy Code are one of the main litigation tools that bankruptcy trustees, debtors-in-possession and liquidating trustees can use to bring ...

Theresa serves as co-chair of the firm’s Distressed Real Estate Group and has over 25 years of experience representing clients in a wide range of complex commercial litigation and in all stages of ...

The purpose of the preference provisions of Section 547 is to ensure that all similarly situated creditors are treated equally, and that no creditor is "preferred" to others in the run-up to a ...