Reconsidering Safe Harbors For Repurchase Agreements
Recent decades have seen substantial expansion in exemptions from the Bankruptcy Code’s provisions with respect to repurchase agreements, or “repos.” These agreements, which are equivalent to very-short-term (often one-day) secured loans, are exempt from such core bankruptcy provisions as the automatic stay, the avoidability of fraudulent transfers and the avoidability of preferences. Recent scholarship has questioned whether these exemptions are justified for mortgage-backed securities and other securities that could prove illiquid or unable to realize their long-term value in the event of the kind of panic experienced during the financial crisis of 2007-09. This panel will explore the arguments for and against revising the Bankruptcy Code’s existing treatment of these agreements.
Flapjacks and Sage Advice: Judges’ Panel on Everything!
Your favorite judges will answer the most difficult questions fielded from ABI members in the weeks before this event and from members of the audience. Hear the judges provide their input on best practices, interesting arguments and the current state of the law.
Committee Educ. Session: Legislation/Secured Credit
Secured Credit Under the Code and Commission Report
Committee Educ. Session: Bankruptcy Litigation/Ethics & Professional Compensation
Trustee Selection in Commercial Bankruptcy Cases: Who Wins the Battle to Control the Estate?
Committee Educ. Session: Asset Sales/Real Estate
Don’t Restrict My Sale: The Enforceability of Restrictive Covenants and Easements in Assets Sales in Bankruptcy
Committee Educ. Session: Bankruptcy Taxation/Business Reorganization/Young & New Members
Tax-Sharing Agreements in Bankruptcy that Have Been the Subject of Recent Appeals Courts Decisions
Committee Educ. Session: Health Care/Labor & Employment
Hemorrhaging Hospitals: Labor Issues in the Healthcare Insolvency E.R.
Committee Educ. Session: Consumer Bankruptcy/Mediation
Consumer Mortgage Modification Mediation: A Florida Success Story
Committee Educ. Session: Financial Advisors & Investment Banking/International
Structuring Cross-Border Deals to Protect Creditor Interests