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The Bankruptcy Claims Handbook

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137 pages7 hours

Summary

Published by the Business Law Section's Business Bankruptcy Committee's Subcommittee on Claims and Priorities, 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
- And much more!

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