Donald Clarke to Present Webcast “The Intersection of Construction Law and Bankruptcy Law: Resolving the Dilemma” for the New Jersey State Bar Association

February 3, 2021

Genova Burns Bankruptcy, Reorganization & Creditors Rights Practice Counsel Donald W. Clarke, Esq. will present a webcast for the New Jersey State Bar Association entitled, “The Intersection of Construction Law and Bankruptcy Law: Resolving the Dilemma” on February 17th.

About the Program

Cases involving the intersection of construction law and bankruptcy law are increasingly prevalent. Issues involving mortgage foreclosures, liens, and filing problems are just a few of the cross-over areas that bankruptcy and construction law attorneys are currently tackling. Unfortunately, while these areas meet frequently, there seem to be few established answers for common questions.

Gain the confidence you need to tackle this complex and often multifaceted area of law – join this program’s panel of recognized experts in construction law and bankruptcy law as they discuss the answers to the questions you have. You’ll walk away with the strategies you need to handle your issues expeditiously and with confidence.

Topics Include:

  • 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

NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4.0 hours of total CLE credit.

For more information and to register, please click here.

Tags: Genova Burns LLCBankruptcy, Reorganization & Creditors RightsDonald W. ClarkeNJSBANJICLEReal Estate Law