News and Events

11/14/2016

Elizabeth (Lisa) Vandesteeg and Tricia Schwallier author article entitled “Supplier! Can Your Unpaid Administrative Claim Be Setoff Against Your Preference Liability?” on Commercial Bankruptcy Litigation, a DailyDac website.

On November 14, 2016, Commercial Bankruptcy Litigation, a DailyDac website, published an article written by Elizabeth (Lisa) Vandesteeg and Tricia Schwallier entitled “Supplier! Can Your Unpaid Administrative Claim Be Setoff Against Your Preference Liability?” The article reviews a recent decision in Quantum Foods, LLC and advises suppliers that they may be able to off-set any preference liability to the full dollar amount of an unpaid administrative claim if they continue to do business with a debtor postpetition.