Bankruptcy Code Section 503(b)(9)

Trade Creditor Administrative Claim Opportunity "Whoa! We just delivered this month's shipment to Jones Manufacturing and today they filed for bankruptcy! Now what?" Unhappily this scenario is all too likely these days. In an April 2009 poll on The AR & O2C Network, 60 percent of participants said they had a customer that had filed bankruptcy; of those, 83 percent said they'd had several customers file for bankruptcy. If you have just supplied goods to a customer that suddenly files for…