Business

As valuation uncertainty increases, the need to value optionality increases. But what are valuable options, and what are not? All options are opportunities, but not all opportunities are options. This session aims to better enable you to distinguish between valuable options and opportunities, and to provide a framework for valuing them. The panelists measure its success by the number of attendees who are able to draw option-payoff diagrams on cocktail napkins at a happy hour.Learning Objectives:Attendees will analyze the concept of real options and distinguish between general business opportunities and option-like strategic rights with measurable value.Attendees will evaluate frameworks for identifying, structuring, and valuing managerial flexibility under conditions of uncertainty.Attendees will apply real option valuation concepts, including payoff structures and decision trees, to practical restructuring and investment scenarios.

What really happens when the Federal Rules of Evidence collide with the practical realities of bankruptcy court? Too often, practitioners raise objections that sound right but fail to move the needle with bankruptcy judges. Others overlook evidentiary opportunities that could have made or broken their client’s position. In this lively and highly practical 75-minute program, seasoned bankruptcy litigators will unpack how evidence is actually admitted, challenged and weighed in contested matters, adversary proceedings and other bankruptcy hearings — and why relying on “trial court instincts” can sometimes cost you the case.This webinar will cut through the myths and focus on what works — and what doesn’t — in the unique procedural and evidentiary environment of bankruptcy litigation. Whether you represent debtors, creditors, trustees or other parties in interest, the panelists will help you sharpen your courtroom instincts and litigate more effectively in bankruptcy court. You’ll gain a stronger understanding of how to use the Rules of Evidence as both a sword and a shield — and how to avoid the common traps that can turn a winning case into a losing one.

Hosted by the Financial Advisors and Investment Banking CommitteeCourts have begun addressing the admissibility of AI-assisted expert work, including in bankruptcy and analogous litigation contexts, with some uses excluded and others permitted depending on verification, disclosure and methodology. This program examines recent decisions, including In re Celsius Network LLC, Matter of Weber, Kohls v. Ellison and Ferlito v. Harbor Freight; the December 2023 amendments to Federal Rule of Evidence 702; and emerging court guidance on AI disclosure.The panelists will discuss the ways in which AI tools may assist with valuation work in bankruptcy proceedings, and what documentation courts are likely to expect from experts. They also will focus on the practical uses of AI in financial analysis, the legal standards governing expert testimony, and the circumstances under which traditional valuation methods remain essential.

Hosted by American Bankruptcy InstituteSpirit Airlines filed for liquidation and ceased operations on May 2, and other international carriers have also filed for bankruptcy in recent months citing increasing jet fuel prices, debt and regulatory issues. Is the airline industry on course toward stabilizing or is further distress on the horizon?Join a distinguished panel of experts to examine current airline industry distress and get their perspectives on the direction the industry may be headed on a special abiLIVE Webinar!

Please join ABI’s International Committee for the next installment in its webinar series on cross-border insolvency topics. This session will focus on key issues and strategies surrounding asset recovery in the Caribbean. Leading practitioners from the Cayman Islands, BVI, Bermuda and the Bahamas will discuss the legal, financial and logistical challenges of recovering assets across jurisdictions, and will share practical insights and tools for navigating those complexities. The panelists also will address industry-specific considerations that arise in insurance and cryptocurrency matters.

This webinar will explore the practical defense strategies defendants are using to quietly end or narrow adversary proceedings in bankruptcy court by leveraging pleading standards, procedural sequencing and judicial preferences — often before discovery begins.

Liability management exercises (LMEs) have become an increasingly prominent tool for financially distressed companies seeking to raise new capital, refinance existing obligations, and restructure debt outside of bankruptcy. From uptiers and drop-downs to double-dips and pari-plus transactions, courts are now confronting the enforceability of these transactions and defining their limits. This panel will examine the structural mechanics of LMEs, survey the evolving litigation landscape, and consider the broader implications for borrowers, lenders and the restructuring market.

Hosted by ABI's Bankruptcy Litigation Committee.Plan confirmation is the defining moment of every chapter 11 case — the place where negotiation, litigation and strategy converge. While the Bankruptcy Code sets the framework, the outcome often turns on valuation disputes, creditor dynamics, feasibility challenges and the strategic use of cramdown. This webinar will take an inside look at how chapter 11 plans are actually won and lost. The panelists will explore the key battles that shape confirmation, from classification and voting issues to contested valuation fights and emerging disputes over third-party releases. Drawing on real-world experiences, the discussion will focus on how debtors, creditors and committees build leverage, resolve objections, and navigate contested confirmation hearings in today’s restructuring landscape.

Join us for an intensive, practical workshop developed for bankruptcy attorneys and financial advisors who want to leverage artificial intelligence (AI) in their daily practice. Moving past the theoretical debate surrounding the use of AI, this bootcamp will focus entirely on its practical applications in a § 363 sale context from start to finish by demonstrating the use of cutting-edge AI tools in a restricting case.Learning Objectives:Attendees will identify practical ways artificial intelligence tools can be integrated into bankruptcy and restructuring workflows, particularly in the context of a § 363 sale.Attendees will evaluate how AI can assist with common tasks in a restructuring case, including document drafting, data analysis, and transaction management from the beginning through the closing of a § 363 sale.Attendees will apply best practices for using AI tools responsibly and efficiently in legal and financial advisory practice while navigating ethical and professional considerations."