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NYIC: The Small Business Reorganization Act: Perspectives from All the Major Players in a Case
The NYIC sponsored this October 22, 2020, session as part of the Insolvency 2020 Summit. The panelists provide an overview of subchapter V and its key provisions, discussing the various perspectives in subchapter V, cash collateral and DIP financing in subchapter V, and general trends in subchapter V cases.
New World Orders: Post COVID Practice
The novel coronavirus has certainly induced many systemic changes around the world, and the bankruptcy and restructuring industry is no exception. What once worked in a pre-COVID-19 world might not work anymore, so parties must adapt quickly, often with no precedence upon which to rely. This panel will discuss the idiosyncrasies and novel ways bankruptcy practice is operating, restructuring and adapting to a “new normal,” and how constituencies on all sides of the table are approaching its unique aspects.
The Pros and Cons of Transactions Involving Distressed Hospitals and Health Care Providers
This panel will provide an analysis of the current levels of financial distress across the hospital, skilled-nursing and home-health sectors using various measurements, including distributions by state.
Bax Decision
This panel will discuss recent bankruptcy court decisions addressing the Delaware Court of Chancery’s decision in CML V LLC v. Bax, and how these decisions impact a creditors’ committee’s or any other creditor’s ability to bring derivative claims against third parties. The panelists will also provide examples of how committees and judges are solving this issue through financing orders and other methods.
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