09/08/2011 02:00 p.m. - 03:30 p.m.
Business Restructuring + Insolvency, Environmental Permitting + Regulation, and Environmental Litigation
Larren M. Nashelsky
When a company saddled with potential environmental liabilities seeks bankruptcy protection, the goals of Chapter 11—giving the reorganized debtor a ‘‘fresh start’’ and fairly treating similarly situated creditors—can conflict with the goals of environmental laws, such as ensuring that the ‘‘polluter pays.’’ Courts have struggled to reconcile this tension. Recent bankruptcy cases from the Southern District of New York, including last year’s decision in In re Mark IV Industries, and the more recent bench decisions in In re Lyondell Chemical Co. and In re Chemtura Corp., evidence this ongoing balancing act. In this 90-minute Webinar, Larren Nashelsky, Kristin Hiensch, and Miles Imwalle of Morrison & Foerster LLP will bring their expertise in bankruptcy and environmental law to discuss recent legal developments and strategies for navigating this complex area of the law. This webinar is designed to help you:
CLE credits will be available for this EHS Webinar.
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