With the two year anniversary of the Blackhawk Automotive Plastics bankruptcy filing fast approaching, the case has reached the point where a number of preference claims have been filed. Blackhawk suppliers have been sued for recovery of any payments the suppliers received in the 90 day period before the bankruptcy filing on October 22, 2007. Preference claims are particularly insulting because many suppliers suffered losses and wrote off amounts owed on the Chapter 11 filing date. Our firm represents many automotive suppliers and has successfully defended preference claims in the recent wave of automotive related bankruptcies, including Tower Automotive, Collins & Aikman, Dana Automotive, Foamex, etc. Our attorneys have developed proven strategies for successfully defending preference claims and, when necessary, obtaining favorable compromises. We have an efficient staff, first rate technology and our hourly rates are reasonable. If we can be of assistance to former Blackhawk Automotive Plastics suppliers, please call J.P. Murphy or Randolph T. Barker in our Detroit office at (313) 496-1200.
Berry Moorman regularly advises automotive supplier clients in their continued business dealings with bankrupt OEMs and automotive suppliers operating in Chapter 11 bankruptcies, including reclamation claims, ongoing purchase orders, post petition supply issues, critical vendor status and assumption and assignment of contracts.