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Breaking Up Is Hard to Do: Law Firm Bankruptcies
Is chapter 11 the optimal way to liquidate law firms? Jewel v. Boxer claims, drafting suggestions for releases of partners.
Non CLE.
363 Sales: Is the Fast Track the Right One?
This panel will discuss the obstacles that debtors and creditors face when attempting to effectuate a sale of a debtor’s assets through a fast-track § 363 sale motion at the outset of a case. The discussion will include (a) the advantages and disadvantages, from both the debtor and creditor perspective, of selling a debtor’s assets through a motion as opposed to a plan, (b) limitations of “free and clear” relief, (c) valuation and marketing on a short timeframe, and (d) insider transactions.
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