Ships In The Night: Buyers And Sellers Of Trade Claims

Law360 (September 9, 2010, 10:31 AM EDT) -- Buyers and sellers of trade claims in bankruptcy cases often fundamentally disagree about if and when a trade is binding and what are its terms. The buyers are sophisticated players in this multibillion-dollar market, knowledgeable of a cadre of unwritten rules and practices they contend govern the parties' behavior and obligations. Sellers can be first-timers, unfamiliar with those practices, who want to sell the claim for as much as possible, be paid quickly and be done. Those basic premises often conflict with what the buyers intend concerning the trade....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!