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Bankruptcy Preferences


Understand the recent changes to the Bankruptcy Code that impact preference actions.

Gain an understanding of the best bankruptcy preference that correlates with specific client needs and learn about the changes to due diligence requirements for preference actions mandated by Subchapter V of the Bankruptcy Code.
Preference law is controversial because it is designed to punish creditors which are paid in advance of a bankruptcy filing by that creditor's debtor. This topic will explain strategies for creditors to proactively avoid a preference challenge, outline defenses, many of which are oftentimes overlooked, and educate debtors as to when preference recoveries can work to their benefit.



Randy Nussbaum

Randy Nussbaum

Sacks Tierney P.A.

  • Shareholder with Sacks Tierney P.A.
  • More than 40 years of experience with complex restructuring, bankruptcy protection (debtor and creditor), transaction and litigation matters
  • Certified Bankruptcy Specialist (Arizona Board of Legal Specialization) and a Certified Business Bankruptcy Specialist (American Board of Certification)
  • Received the Best Lawyers® 2019 Bankruptcy “Lawyer of the Year” and 2021 Bankruptcy Litigation “Lawyer of the Year” (Scottsdale)
  • Super Lawyers “Top 50 Arizona” list of attorneys multiple times
  • Frequent speaker and has written numerous publications
  • J.D. degree, Arizona State University; B.A. degree, cum laude, Arizona State University
  • Can be contacted at 480-212-1682 or [email protected]

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