Illinois State Approved Sessions

With a focus on providing practical advice, this panel examines issues that may arise with respect to personal property in consumer bankruptcy cases. The panelists address current case law and issues related to property of the estate, valuations, exemptions, garnishments and turnover. Whether you represent debtors, creditors or trustees, this session is sure to be a “Wicked” good time.

In this session, trustees of all types — chapter 7, subchapter V, chapter 12 and chapter 13, together with an attorney for court-appointed fiduciaries and liquidating trustees — share their perspectives on the commonalities and differences under each chapter. The panelists discuss how to avoid common mistakes and offer tips for success for counsel to debtors and creditors. Is the trustee a friend or foe? What if a case converts from one chapter to another? Can a subchapter V trustee act as a mediator? What happens if a trustee suspects fraud? Do trustees have any discretionary powers? Join us and find out!

This plenary will consist of small group huddles with judges and fellow attendees to work through case problems.

This presentation will explore how generative AI is transforming the legal profession, including its ability to draft legal documents and marketing materials, and will address the professional, legal and ethical risks it presents. Attendees will gain practical insights on AI’s impact and limitations, as well as how to navigate this evolving technology effectively and responsibly.

This panel discusses workout strategies for distressed real estate cases from lender and borrower perspectives, including what works, what doesn’t, tradeoffs, pitfalls and more.

This panel discusses cutting-edge issues related to REIT restructurings and financings.

This panel, presented from the perspectives of a lender, attorney and investor, discusses how guarantees have changed over time, including their value, regulatory needs and more.

In our adversarial system, about half of us will disagree with the judge’s ruling. Yet statistically speaking, only a couple of bankruptcy-related cases reach the Supreme Court in any given term. This panel focuses on the first level of appeals to district courts or bankruptcy appellate panels, including whether the party has standing, whether the appeal is ripe and/or interlocutory, and the hot-button issue of mootness. The panelists take a practical approach to addressing the many traps for the unwary so that all of us will feel more confident in filing — or receiving a notice of — an appeal in one of our cases.

Have you ever fallen in and then out of love with someone or something? If you have, was that love ever rekindled? Those questions set the stage for our Saturday morning plenary conversation between Prof. Melissa Jacoby, author of Unjust Debts, and Sam Gerdano, formerly the executive director of ABI. The story involves a deep analysis of, among other things, bankruptcy law’s origins, policy objectives, interpreting the Bankruptcy Code, lawyers’ ethical duties, and consequences in practice. Both Prof. Jacoby and Mr. Gerdano bring a wealth of experience and knowledge; it should be quite the conversation.

This panel focuses on the perspectives of large retail landlords and office building spaces, including issues stemming from natural disasters and insurance coverage.