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About Aaron L. Hammer
Aaron L. Hammer is an insolvency professional. Aaron also counsels Fortune 500 companies and closely held businesses on their everyday legal and business issues. His is with Horwood Marcus & Berk.
Articles by Aaron L. Hammer
When Your Customer Files for Bankruptcy
You Still Have Options In the Event of a Customer Bankruptcy When a customer files for bankruptcy, vendors with debts owed by the customer/debtor that arose before the commencement of the case (the “Petition Date”) can be exposed to considerable losses. Once the case is filed, the vendor becomes a creditor with a claim against […]
Demystifying Administrative Expenses in Bankruptcy
Bankruptcy professionals, other business professionals, and trade vendors would be reluctant to provide services or otherwise extend credit on an unsecured basis to an insolvent entity like a bankruptcy debtor unless their claims to payment were somehow ensured. In addressing this predicament, Congress provided that holders of unsecured claims that arise from certain transactions that […]