Avoid additional costs and delays when a party files for bankruptcy protection on a construction project.
This ondemand webinar is geared toward providing practical advice for counter-parties who find themselves in bankruptcy proceedings involving general contractors, subcontractors, and/or owners of construction projects. The topics include an explanation of the interplay between the automatic stay, executory contracts, preference actions, insurance, mechanics' liens, and other issues. The ondemand webinar is divided into aspects that you may encounter in particular types of bankruptcy proceedings and includes numerous pointers and examples that will assist parties who are unfamiliar with bankruptcy law.
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
General Bankruptcy Issues in Construction Projects
- The Automatic Stay
- Property of the Estate
- Insurance Policies and Proceeds
- Mechanics' Liens
- Sale Issues
Executory Contracts in Bankruptcy
- Assumption/Rejection of Contracts
- Adequate Assurance of Future Performance
- Right to Terminate a Contractor
- Right of Contractor to Complete
Claims and Causes of Action in a Bankruptcy Proceeding
- Claims Against the Debtor
- Claims Against a Debtor's Payment Bond
- Reclamation
- Setoff and Recoupment
- Preference Actions
Practical Tips and Guidance
- Guaranties
- Surety Bonds
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 2, 2015.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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More Program Information
Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Justin K. Edelson
Polsinelli PC
- Associate in the Wilmington, Delaware office of Polsinelli PC, specializing in bankruptcy and financial restructuring
- Selected for inclusion in Delaware Super Lawyers, Rising Stars, 2013 and 2014
G. Edgar James, Esq.
James | Sobba LLC
- Co-owner of James | Sobba LLC
- Represents contractors, design professionals, owners, construction lenders, suppliers and sureties on a wide variety of construction litigation matters in state and federal courts, as well as in arbitration and mediation
- Federal court experience includes pursuing and defending claims in bankruptcy court
- Prepared and defended claims in numerous areas of construction law, including contract default claims, payment disputes, bid contests, delay, acceleration and disruption/inefficiency claims, reengineering and design error claims, MBE/DBE challenges, insurance coverage claims, and mechanics lien and bond claims
- Member of the State Bars of Missouri, Kansas, Florida and New York; the Kansas City Metropolitan Bar Association, Construction Law Committee; and the American Bar Association, Forum Committee on the Construction Industry
- Listed as one of U.S. News - Best Lawyers® “Best Law Firms” for its work in construction law
- Frequent presenter and has contributed to numerous professional publications
- J.D. degree, University of Georgia; B.A. degree, American University
Andrew J Nazar
Polsinelli PC
- Shareholder in the Kansas City office of Polsinelli PC, where he specializes in bankruptcy, business reorganizations, business loan workouts, debtor/creditor rights, loan enforcement, and lender liability
- Member of the American Bankruptcy Institute (and is a board member of the Annual Midwest Bankruptcy Institute Advisory Board), American Bar Association, Turnaround Management Association (and is a board member of the Missouri chapter), President of Kansas City Bankruptcy Bar Association, and a member of the local rules committee for both the Kansas and Western District of Missouri Bankruptcy Courts
- Selected for inclusion in Missouri & Kansas Super Lawyers, Rising Stars, 2011-2014
- Can be contacted at [email protected]
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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