Bankruptcy Preference Alert: Bankruptcy Code Temporarily Tilts in Favor of Supplier and Landlord Preference Defendants

For a limited time only, the “Consolidated Appropriations Act, 2021” (CCA) signed into law on December 27, 2020 amends Bankruptcy Code Section 547 to shield certain deferred supplier and rent payments from avoidance as preferential transfers.

Filed under:
USA, Insolvency & Restructuring, Litigation, Shumaker Loop & Kendrick, Coronavirus
Authors:
Ronald D.P. Bruckmann
Location:
USA
Firm:
Shumaker Loop & Kendrick