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Second Edition of ABIs Reclamation Manual Includes Recent Changes to Bankruptcy Law

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Contact: John Hartgen

            
(703) 739-0800

            
jhartgen@abiworld.org

SECOND EDITION OF
ABI’s RECLAMATION MANUAL INCLUDES RECENT CHANGES TO
BANKRUPTCY LAW

MARCH 3, 2006,

size='3'>Alexandria
,
w:st='on'>
size='3'>Va.

The American Bankruptcy Institute (ABI) has just released the second
edition of the

size='3'>Reclamation Manual: Sellers' Rights of Reclamation, Stoppage of
Delivery and New Administrative Claim.
 
The new edition, updated to include the 2005 changes to the bankruptcy
law, guides lawyers and trade creditors through the specific
requirements that must be satisfied in order to obtain quick relief when
either reclamation or stoppage of goods in transit is available as a
remedy for unsecured trade creditors, and outlines the steps creditors
must follow to successfully exercise these remedies. The book was
written by Bruce S. Nathan of Lowenstein Sandler PC (

w:st='on'>New
York
) and a task force of
members from ABI's Unsecured Trade Creditors'
Committee.

The following members of
an Advisory Board assisted with the writing of the second edition of
the

size='3'>Manual
, including Douglas G. Fox, CCE
(Bosch Rexroth Corporation; Bethlehem, Pa.), Jay R. Indyke (Kronish Lieb
Weiner & Hellman LLP; New York) Kay Standridge Kress (Pepper
Hamilton LLP; Detroit), Scott E. Blakeley (Blakeley & Blakeley LLP;
Irvine, Calif.), John E. Burke (Nestle USA Inc.; Glendale, Calif.),
Joseph S.U. Bodoff (Bodoff & Slavitt LLP; Boston), Sandy Loria (Ames
Co.; Parkersburg, W.Va.), Paul F. McIntosh, CCE (Mastercraft Fabrics
Inc.; Spindale, N.C.), Lisa M. Poulin (FTI Palladium Partners; Dallas),
R.T. “Rick” Rehn (The Procter & Gamble Co.; Cincinnati),
Lloyd B. Sarakin (Sony Electronics Inc.; Park Ridge, N.J.), Sandra L.
Schrimang, CCE (Kraft Foods Inc.; Northfield, Ill.), Samuel E. Star (FTI
Consulting Inc.; New York), Judy D. Thompson Poyner & Spruill LLP;
Charlotte, N.C.), Lynnette R. Warman (Jenkens & Gilchrist PC;
Dallas), Steven M. Berman (Berman & Associates PA; Tampa, Fla.) and
Rodney B. Wheeland (NACM Business Credit Services;

w:st='on'>
size='3'>Portland
,
w:st='on'>
size='3'>Ore.

size='3'>).

The book is available for purchase ($15
for ABI members; $25 for non-members) through ABI’s online
bookstore at

face='Times New Roman'>www.abiworld.org/abistore

face='Times New Roman'>.

###

ABI is the largest
multi-disciplinary, nonpartisan organization dedicated to research and
education on matters related to insolvency. ABI was founded in 1982 to
provide Congress and the public with unbiased analysis of bankruptcy
issues. The ABI membership includes more than 11,000 attorneys,
accountants, bankers, judges, professors, lenders, turnaround
specialists and other bankruptcy professionals providing a forum for the
exchange of ideas and information. For additional information on ABI,
visit www.abiworld.org. For additional conference information,
visit

face='Times New Roman'
size='3'>http://www.abiworld.org/conferences.html

face='Times New Roman' size='3'>.