Charles Kenny and Michael Zicherman Speak at the NJ State Bar Association
Charles F. Kenny and Michael S. Zicherman, partners in the firms New Jersey office, will be speaking at a conference titled “The Intersection of Construction Law & Bankruptcy Law: Resolving the Dilemma” sponsored by the New Jersey State Bar Association. The conference will discuss the intersection between construction and bankruptcy laws including topics such as: the Construction Lien Law’s Notice of Unpaid Balance (NUB): What is the significance?; the Automatic Stay and Construction Lien Rights; the Trust Fund Act: What is the impact when the trustee/debtor files for bankruptcy? Is there a distinction between a Chapter 11 versus a Chapter 7 bankruptcy for these purposes?; when your General Contractor or Subcontractor files bankruptcy: What are your rights/obligations?; what you should know about competing rights between lien creditors, trust fund claimants and other parties in the bankruptcy process; adequate protection concepts for construction creditors under Section 363 of the Bankruptcy Code; concepts of lien and claim avoidance, and when are your client’s rights are protected in the event of a bankruptcy filing and more.