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Dirt-for-debt: “indubitable equivalence” and other issues

  • Nexsen Pruet
  • -
  • USA
  • -
  • June 22 2011

In Chapter 11 reorganization cases, a debtor and a creditor generally seek to negotiate a mutually agreeable plan of reorganization

State court collections - South Carolina

  • Nexsen Pruet
  • -
  • USA
  • -
  • May 26 2011

Before you accept a collection case, make sure you know your client’s business and the debtor’s business

Fradulent transfers

  • Nexsen Pruet
  • -
  • USA
  • -
  • April 28 2011

Avoidence of fraudulent transfers differs from avoidance of preferences

Preference actions

  • Nexsen Pruet
  • -
  • USA
  • -
  • April 21 2011

The preference provisions of the Bankruptcy Code allow a trustee to recover transfers made to creditors during ninety (90) days prior to the petition date (the “preference period”) in order to share the value of the transferred property among all creditors

State court receiverships and assignments for benefit of creditors

  • Nexsen Pruet
  • -
  • USA
  • -
  • March 31 2011

A Receiver plays an important part in two common situations