No CLE

While COVID-19 has led to a substantial increase in the number of bankruptcy filings, its impact on valuation issues in the context of chapter 11 cases is less clear. Employing their differing perspectives, the panelists will explore how the uncertainty created by COVID-19 has affected the analysis of issues like plan feasibility, cost of capital, the pricing of risk, and the application of valuation methodologies in chapter 11 proceedings, with a particular emphasis on retail cases.

Hosted by the Business Reorganization and Unsecured Trade Creditors Committees This panel of legal experts and indenture trustees will discuss current insolvency-related corporate trust issues, including pre- and post-default rights, standing to pursue litigation claims, disparate treatment among bondholders and other creditors of equal priority, conflicts between majority and minority bondholders, and settlement mechanics inside and outside of bankruptcy.

How can you tell whether your next case will have a successful outcome? In this fast-paced, entertaining session, panelists will examine over a dozen key U.S. industries, comparing their performance before and during the pandemic — and even toss in a few post-pandemic prognostications. Discover the key indicators that can predict how your next case might go.

The hotel and hospitality industry has been massacred by the pandemic. How can the Bankruptcy Code, chapter 11 and subchapter V help the industry restructure and survive? This panel will provide analysis and perspective.

A look at the economic impact of COVID and the road ahead, including which industries will continue to struggle and may be casualties, which seem immune to the pandemic’s effects, and which were initially sick but appear to be on the road to recovery.

Successful chapter 11 cases require financing from the start. This panel will discuss financing a chapter 11 case from day one through the reorganization plan’s effective date, focusing on complex cash collateral/DIPI financing and exit financing issues.

Hosted by the Emerging Industries & Technology and International Committees This panel will address what happens when cannabis-producers become insolvent, and the resulting cross-border implications. The discussion will include how to structure a reorganization to address the legal issues that surround cannabis-producers, and bankruptcy courts' role in the process.

This panel will examine creditors vs. creditors in liability-management transactions (Boardriders, Serta, Travelport, Trimark), collective actions and credit bidding (Speedcast, Alta Masa, Empire Generating, Allied), strict foreclosure in light of TIA 316(b) (CNH Diversified Opportunities v. Cleveland Unlimited), de facto claim-subordination (La Paloma), rights preserved for junior creditors under an intercreditor agreement (do the exceptions swallow the rule (Claires, Momentive)?), and practical considerations such as coordination agreements, unitranche facilities and CLOs in restructurings.

This panel will examine creditors vs. creditors in liability-management transactions (Boardriders, Serta, Travelport, Trimark), collective actions and credit bidding (Speedcast, Alta Masa, Empire Generating, Allied), strict foreclosure in light of TIA 316(b) (CNH Diversified Opportunities v. Cleveland Unlimited), de facto claim-subordination (La Paloma), rights preserved for junior creditors under an intercreditor agreement (do the exceptions swallow the rule (Claires, Momentive)?), and practical considerations such as coordination agreements, unitranche facilities and CLOs in restructurings.

State law and bankruptcy law intersect in any number of ways in any given bankruptcy case. This panel will focus on a few of the issues that arise in this context and discuss recent case law, as well as practice tips and strategy. More specifically, the panelists will cover the abstention doctrine and how bankruptcy courts analyze various state law claims under that doctrine; the potential impact of a bankruptcy case on divorce proceedings, including automatic stay and discharge issues; and the limitations on pursuing state court claims, such as standing, collateral estoppel and third-party releases. We hope you will join us and contribute your questions and experiences to the conversation.