The Knowledge Group
The Knowledge Group

Steven E. Rich, Counsel, Mayer Brown, to Speak at Knowledge Congress’ Live Webcast

New York, NY, February 17, 2013 --( The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Steven E. Rich of Mayer Brown will speak at a 2-hour webcast entitled “A Discussion of Current Developments Relating to Preferences and Fraudulent Conveyances in Bankruptcy Cases Live Webcast.” This event is scheduled for May 15, 2013 from 12pm-2pm (ET).

About Steven E. Rich

Steven E. Rich, counsel with Mayer Brown and member of its Litigation and Dispute Resolution Practice, has nearly 15 years experience successfully representing Fortune 500 and mid-sized companies in all aspects of bankruptcy and commercial litigation. He is based in the firm’s Los Angeles office. Steven has counseled clients in dozens of adversary proceedings in Chapter 11 and 7 proceedings involving preference and fraudulent transfer claims. Most recently, Steven obtained a very favorable settlement in a high-stakes avoidance action in the Bankruptcy Court for the Central District of California involving alter ego, fraudulent transfer, equitable subordination, and breach of fiduciary duty claims.

Steven also has extensive experience representing financial institutions in the consumer financial services industry. Steven regularly advises national banks, mortgage lenders and other companies in class action and individual suits in matters involving loan servicing and modification, wrongful foreclosure and other default-related issues, securitization, fraud, unfair competition, RICO, Home Affordable Modification Program (“HAMP”), Real Estate Settlement Procedures Act (“RESPA”), Truth in Lending Act (“TILA”), and Fair Debt Collection Practices Act (“FDCPA”). In addition, Steven has considerable experience representing creditors in both pre-judgment and post-judgment remedies, including obtaining writs of attachment, possession, and execution.

Steven, a graduate of Loyola Law School, joined Mayer Brown in 2001, after spending three years with another prominent law firm. He has guest lectured at USC Gould School of Law, speaking on topics of creditors’ rights and bankruptcy litigation. In 2011, Steven was named a Southern California Super Lawyers Rising Star by Los Angeles magazine.

About Mayer Brown

Mayer Brown is an international law firm advising clients across the Americas, Asia and Europe. It is noted for its commitment to client service and its ability to assist clients with their most complex and demanding legal and business challenges worldwide. Mayer Brown’s Litigation group is the firm‘s largest practice with more than 450 lawyers handling dispute resolution and complex litigation. In 2012, The American Lawyer named Mayer Brown as a finalist for “Litigation Department of the Year.“ It was named one of the top six litigation departments among the 200 largest US firms. Mayer Brown’s Restructuring, Bankruptcy & Insolvency practice has more than 50 lawyers operating in jurisdictions across the Americas, Asia and Europe. In 2011, the team won Restructuring Deal of the Year by the International Financial Law Review. Mayer Brown represents creditors, debtors, company directors, lenders (throughout the capital structure), bondholders, liquidators, receivers, administrators, trustees, debtor-in-possession (DIP) loan providers, insurers, pension fund trustees, special servicers, and landlords on all aspects of restructuring, bankruptcy and insolvency.

To learn more about Steven E. Rich and Mayer Brown please visit:

Event Synopsis:

Under section 547(b) of the Bankruptcy Code, a trustee can avoid and recover a transfer as a preference by satisfying various requirements. Once a trustee proves all of the elements of a preference, there are affirmative defenses that can reduce a creditor’s potential preference exposure. In this Knowledge Group LIVE webcast, a panel of distinguished professionals will help you understand the most critical issues which will include:

• What is a preference
• Defenses to a preference
o New Value Defense
o Ordinary Course of Business Defense (Subjective and Objective Tests)
o Contemporaneous Exchange
o Prepayments
• Various Preference issues
• Recent Preference Court Decisions

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website:
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
Account Management & Member Services