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Committee Webinar - Tips of the Trade: Ordinary Course of Business

Date
59 minutes

The Unsecured Trade Creditors Committee's May Tips of the Trade call featured Neil Steinkamp of Stout Risius Ross, LLC, who discussed the ordinary course of  business defense in the context of preference analysis.  Mr. Steinkamp is the author of  Understanding Ordinary:  A Primer on Financial and Economic Considerations for the Ordinary Course Defenses to Bankruptcy Preference Actions , 2nd Edition. The call covered issues from handling the preliminary assessment of the defense, reviewing data through investigation and discovery, to establishing how “ordinary” will be defined or considered at mediation or trial.