Understanding the Basics of Business Bankruptcy & Reorganization 2008


PLI New York Center
New York, NY

Speaking Engagement

Why You Should Attend

Major business bankruptcies and reorganizations abound these days. With the market still reeling from the effects of the subprime crisis, attorneys from all practice areas benefit from a solid understanding of the fundamental concepts of bankruptcy and reorganization. This outstanding program, led by a renowned faculty of experts including bankruptcy judges and leading practitioners, will help to build that much needed foundation in bankruptcy law. This practical nuts and bolts program will walk you through all of the elements involved in a corporate bankruptcy and reorganization. Learn how to navigate the intricacies of the filing process while exploring jurisdictional considerations, property of the estate issues, and ethical matters that might arise throughout the process. Then, analyze the corporate reorganization process while being brought up to speed on the latest developments, including relevant case law. This course is perfect for attorneys who want to learn or re-learn how to counsel their clients on bankruptcy issues in the most effective manner.

What You Will Learn

  • When a business is in trouble, is bankruptcy the only answer?
  • Procedural requirements in bankruptcy and the role of the Debtor
  • How to commence voluntary and involuntary cases
  • Defining property of the estate
  • When is a Creditor claim “allowed”?
  • How is priority determined? How is subordination of claims determined?
  • Practical considerations of running a business in Chapter 11
  • Creating, accepting, and confirming the plan
  • Discussion of the different kinds of business bankruptcy cases
  • Preferences and fraudulent transfers
  • Executory contracts and leases
  • Important case law updates, including the U.S. Supreme Court’s ruling in Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc.
  • One full hour of ethical considerations unique to bankruptcy

Who Should Attend

This program is designed for attorneys and allied professionals with limited bankruptcy experience, as well as non-legal professionals who need a working knowledge of bankruptcy law and practice.

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