Law360, New York (September 16, 2010, 2:51 PM EDT) -- When a customer files for bankruptcy protection, a seller of goods is often required to act within days in order to protect its rights. As such, it is important for sellers and their attorneys to understand the requirements in bankruptcy proceedings in order to successfully and efficiently navigate bankruptcy cases. This article is intended to provide a basic summary of some of the important issues facing sellers in a customer’s bankruptcy case.
Basic Anatomy of Bankruptcy Cases
In the United States, bankruptcy relief is governed by...
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