LexisNexis® Legal Newsroom
Employee Claims--Priority and Treatment in Chapter 11

by Kenric D. Kattner and Arthur T. Carter Excerpt: Certain types of employee related claims are accorded priority treatment under the Bankruptcy Code. Generally, unsecured claims against a debtor are only entitled to priority treatment if: (a) the Bankruptcy Code explicitly grants priority treatment...

Prebankruptcy Planning Related to Employee Issues and Claims

by Arthur T. Carter and Kenric D. Kattner Excerpt: A company contemplating filing for chapter 11 relief should consider certain preparations to make a smooth transition into chapter 11 and to minimize potential claims against the bankruptcy estate. A number of these prebankruptcy preparations...