Broadcast Date: Friday, February 28, 2020
from 12:00 pm to 1:30 pm (ET)


Preference claims in bankruptcy litigation have long been a subject of concern among creditors. As significant cases continue to refine and expand this legal landscape, litigators must always expect the emergence of new complexities that may reshape how they defend their clients.

In light of this, creditors and related practitioners must be aware of the significant developments in this area of law in order to implement effective strategies in avoiding exposure to preference liability. Being in the loop of the recent preference claims is an important step to successfully navigate their ways.

In this LIVE Webcast, bankruptcy litigators John Morris (Pachulski Stang Ziehl & Jones) and Michael Klein (Cooley) will provide the audience with an in-depth analysis of the key statutory defenses available for creditors. Speakers will also discuss the current issues concerning preference claims as well as significant amendments to the Bankruptcy Code. As experts, they will also present practical tips and strategies in bringing out the best in these lawsuits in a rapidly evolving legal climate.

Key topics include:

  • Preference Claims in Bankruptcy Litigation – Recent Trends and Developments
  • Section 547 (c) of the Bankruptcy Code
  • Bankruptcy Code Amendments and Its Impact on Bankruptcy Litigation
  • Key Statutory Defenses
  • Tips and Strategies
  • Outlook


Course Level:



Advance Preparation:

Print and review course materials


Method of Presentation:

On-demand Webcast (CLE)



General knowledge of bankruptcy laws


Course Code:



NY Category of CLE Credit:

Areas of Professional Practice


Total Credits:

1.5 CLE

Speaker Panel:

John Morris, Partner
Pachulski Stang Ziehl & Jones LLP

John Morris, Partner at Pachulski Stang Ziehl & Jones, has considerable experience litigating complex business, commercial, and bankruptcy-related matters, including contested sale motions, breach of contract and breach of fiduciary duty cases, valuation disputes, fraudulent transfer and preference cases, and claim objections. As lead trial counsel, Mr. Morris has tried numerous cases in bankruptcy, federal, and state courts, and has arbitrated and mediated numerous matters. In addition, Mr. Morris has been actively involved in several matters originating from the Cayman Islands, including the representation of liquidators of certain investment funds in substantial commercial litigation in the United States, as well as several cases arising under chapter 15 of the Bankruptcy Code.

Michael Klein, Special Counsel
Cooley LLP

Michael Klein is an attorney in Cooley’s business restructuring and reorganization practice. He focuses on both the transactional and litigation aspects of Chapter 11 bankruptcy reorganizations and liquidations across a wide range of industries. Michael frequently represents creditors’ committees and debtors, purchasers of distressed assets, landlords, individual creditors and secured lenders in chapter 11 cases. In 2015-2019, Michael was named a New York Rising Star by New York Super Lawyers magazine. Michael is also a member of the Turnaround Management Association, has authored numerous articles in the TMA Journal of Corporate Renewal, and has served on the journal’s Editorial Advisory Board and Education Oversight Committee.



John MorrisPartner

Pachulski Stang Ziehl & Jones LLP

  • What Is A Preference?
  • Policy Behind Preferences
  • Implications of Preference Policy
  • Proof of Insolvency
  • Insolvency Tests
  • Contemporaneous Exchange of New Value
  • If There Is A Delay, Can the Transfer Still Be “Contemporaneous”?


Michael KleinSpecial Counsel

Cooley LLP

  • The presentation will focus on the key elements and recent developments surrounding efforts made by Bankruptcy Trustees and Debtors to avoid and recover payments made within 90 days of a bankruptcy commencement as preferences
  • Factors that parties conducting business with distressed counterparties will be addressed
  • The presentation will highlight how the key statutory defenses provided to transfer recipients are applied, including the “new value”, “contemporaneous exchange” and “ordinary course of business” defenses
  • The discussion will include practice pointers on “what to expect” in the event that you are the subject of a clawback action.

Date & Time:

Friday, February 28, 2020

12:00 pm to 1:30 pm (ET)

Who Should Attend:

  • Bankruptcy Lawyers
  • Bankruptcy Professionals
  • Trade Creditors
  • Business Managers
  • Loan Workout Officers
  • In-house Counsel
  • Top Level Management
Preventing Ransomware Attacks: A Practical Guide to Enhancing IT Security and Resiliency,
Speaker Preferred Package (Online Payment)
Asbestos Litigation: Demystifying Trends, Developments, and Defense Strategies,
New York Online CLE Bundle
Pennsylvania Online CLE Bundle
California Online CLE Bundle
Supercharging Privilege Review With AI, Analytics, and Automation,
The Hows and Whys of Child Abuse Reporting: A Comprehensive Ethical Guide for Lawyers,
Understanding R&D Tax Credits and Amortization: Navigating Changes and Maximizing Benefits,
Maximizing Your Innovation ROI: R&D Tax Credits in 2024 and Beyond,
Winning Patent Litigation: Essential Strategies and Tactics,
Asbestos Litigation: What's Changing in 2024 and Beyond,
Cartel Investigations: A Blueprint for Defense,
Navigating the Evolving Patent Damages Landscape: Key Insights and Best Practices,
Demystifying Economic Sanctions: Strategies for Success in a Global Economy,
Antitrust 'No-Poach' Agreement Enforcement: Key Focus Areas in 2024,
Practical Trademark Perspectives from U.S. and Canadian Counsel,
Effectively Manage KYC Compliance: Keep Up with the Times by Getting Back to Basics,
OFAC Regulations and the Economic Sanctions Compliance Programs: Best Practices,
'Zombie' LIBOR for USD Contracts: Navigating the Critical Issues, ,
Calculating Lost Profits in Construction Claims: A Practical Guide,
False Claims Act and COVID-19 Implications: Key Considerations and Best Practices, ,


John MorrisPartner
Pachulski Stang Ziehl & Jones LLP
Michael KleinSpecial Counsel
Cooley LLP



View Details


View Details


View Details

Join Over 160,000 Professionals Empowering Their Careers

Learn anywhere from over 3000+ live and recorded CLE, CPE & Technology Webcasts.