Recording Date: June 17, 2010
Duration: 95 minutes

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Agenda and Speakers

What to Do When You Receive Notice of a Bankruptcy

o Official Notice of a Bankruptcy Filing
o Suggestion of Bankruptcy Filing in a Lawsuit
o Unofficial Notification from Debtor or Third Party
o The Automatic Stay
o Preference Payments
o Proofs of Claim
o Ongoing Business

How to Avoid/Minimize Having Your Claim Be Unsecured

o Invoicing and Collecting
o Preserving Lien Rights
o Preferred Vendors
o Goods Provided Within 20 days
o Administrative Claims

Impact on Lawsuits and Claims

o Warranty Claims
o Collections Actions (or other suits where Debtor is the plaintiff)
o Construction Defect Claims and Lawsuits

Scott Brown, Esq., Lewis and Roca LLP, Phoenix, AZ
Maureen Thomas, Esq., Legal and Risk Management Counsel, BMC Select, White Lake, MI