This practical resource offers a roadmap on the fundamentals of a business bankruptcy case. It provides general guidance to help lawyers counsel their clients contemplating a bankruptcy filing for themselves or their company. The book provides an overview of business bankruptcy from the client's perspective through common scenarios involving financially-distressed real estate developers, retailers, manufacturers and professional firms. Written in easy-to-understand language, this guide is an essential desk reference for lawyers who handle an occasional bankruptcy case or who need to answer questions on business bankruptcy for their clients. Business Bankruptcy Essentials includes:

• Brief historical overview of bankruptcy law and the policies embodied in the Code
• The elements and affirmative defenses to trustee’s actions to recover preferences and fraudulent transfers.
• Outline of various types of bankruptcies, including discussion of Chapters 7, 9, 11, 12, 13, 15
• Who may be a debtor in a bankruptcy case
• Bankruptcy as a financial tool
• Getting paid: professionals in bankruptcy cases
• Cash collateral and debtor transactions
• Other key business bankruptcy issues