Bankruptcy Partner Alec Ostrow To Discuss Preferential Transfer Actions in the Age of COVID at Bar Association Webinar
The COVID-19 pandemic has pushed thinly financed businesses into bankruptcy, often with very little warning to creditors. There is expected to be a corresponding increase in lawsuits filed by trustees (or debtors in possession) to “claw back” prebankruptcy payments made to creditors. On August 10, 2020, bankruptcy partner Alec Ostrow will join other notable bankruptcy practitioners to discuss the situation during a webinar presented by the New York State Bar Association, with an emphasis on possible defenses to preferential transfer actions, the role mediation and expert testimony can play, and recent relevant changes to the Bankruptcy Code. They will also discuss what businesses can expect over the next 6-12 months. You can join the program by following this link https://nysba.org/events/defending-preferential-transfer-cases-webinar/ to the NSBA.