Preference Update: SBRA's Due Diligence Requirement
American Bankruptcy Institute Webinar
Apr
8
2020
Date: April 8, 2020
Time: 1:00PM - 2:00PM
Tim McKeon will be participating in this webinar panel to discuss the Small Business Reorganization Act’s requirement that a trustee (or debtor-in-possession) take into account a defendant’s defenses before bringing an action. This amendment, which is applicable in all cases, requires the plaintiff to engage in reasonable due diligence regarding a defendant’s affirmative defenses before initiating a preference action. The panel will discuss different approaches to satisfy the new requirement.
Speakers
Timothy J. McKeon is an attorney focused on bankruptcy and restructuring matters. He has represented Chapter 11 debtors, secured and unsecured creditors, indenture trustees, and defendants in bankruptcy litigation matters.