Page 11 - Bankruptcy Volume 1
P. 11
Executory Contracts and Leases ................................................................................................................... 50
Rejection ....................................................................................................................................................... 50
Assumption ................................................................................................................................................... 51
Strategic and Operational Analyses .................................................................................................................. 51
Management Retention Plans ....................................................................................................................... 52
Administrative Insolvency ............................................................................................................................ 53
Chapter 8 — Avoidance Powers ........................................................................................................................ 54
Trustee as a Lien Creditor and as Successor to Certain Creditors and Purchasers (11 USC 544) ................... 56
Statutory Liens (11 USC 545)........................................................................................................................... 57
Preferences (11 USC 547) ................................................................................................................................ 57
Fraudulent Transfers and Obligations (11 USC 548) ....................................................................................... 63
Postpetition Transactions (11 USC 549) .......................................................................................................... 66
Setoff (11 USC 553) ......................................................................................................................................... 66
Other Avoidable Liens (11 USC 724) .............................................................................................................. 68
Chapter 9 — Financial Reporting During the Reorganization ...................................................................... 69
Balance Sheet .................................................................................................................................................... 69
Liabilities ...................................................................................................................................................... 69
Reporting Claim Value ................................................................................................................................. 71
Estimated Claims .......................................................................................................................................... 72
Statement of Operations .................................................................................................................................... 73
Restructuring Gains or Losses ...................................................................................................................... 74
Professional Fees .......................................................................................................................................... 74
Interest Income .............................................................................................................................................. 74
Interest Expense ............................................................................................................................................ 75
Income from Debt Discharge ........................................................................................................................ 75
Statement of Cash Flows .................................................................................................................................. 75
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