February 2, 2022
Preference Claims, Clawbacks in Bankruptcy Can Disrupt a Construction Project
National Association of Surety Bond Producers (NASBP)
Litigation attorneys James Chivilo, Richard Bixter and Gregory Meeder co-authored an article for the National Association of Surety Bond Producers (NASBP) about how a bankruptcy filing by a construction project partner can be a disruptive event, particularly where the bankrupt company or a court-appointed trustee seeks to claw back the funds through a preference demand.
The authors also published a Holland & Knight alert on this topic.
READ: Preference Claims, Clawbacks in Bankruptcy Can Disrupt a Construction Project