Pennsylvania State Approved Sessions

This panel of national consumer experts will provide you with the necessary tips for achieving great results in your consumer cases.

Chapter 11 doesn’t work for every corporate liquidation. This panel of experts will discuss other ways a corporation can be liquidated, including out-of-court liquidations, receiverships, ABCs, the Delaware Dissolution Statute and chapter 7.

Hosted by the International, Legislation and Secured Credit Committees This panel will examine and discuss recent trends and issues in the chapter 11 reorganizations of airlines, including foreign-based airlines that have sought chapter 11 protection in the U.S., such as Avianca and LATAM. Additionally, the panelists will analyze governmental and legislative initiatives in the U.S. taken in response to COVID-19 that at the time staved off formal reorganization proceedings for U.S.-based airlines.

Amid criminal seizure and forfeiture actions imposed by the DOJ, SEC and other regulatory bodies, criminals often have no choice but to file for bankruptcy. This panel will explore financial crimes, including Ponzi and FCPA schemes, that have resulted in bankruptcy filings, and the conflict that ultimately arises between the bankruptcy estate and the federal government over criminals’ seized and forfeited assets. The panelists will also delve into asserting a legal interest in the assets, the look-back period, remedies to the bankruptcy estate and priority schemes.

The Small Business Reorganization Act of 2019 was heralded as one of the most important pieces of bankruptcy legislation passed since BAPCPA in 2005. Has the SBRA been widely and effectively used? What important current case law issues exist? Is the SBRA here to stay? Will the $7.5 million debt limit be a permanent change? The panelists will explore these questions and more.

Consolidations and closures of small colleges, and increasing demands on charter schools' finances, have been growing trends that have only been exacerbated by the COVID pandemic. This panel will discuss how the pandemic has impacted enrollment, financing and out-of-court workouts, and, where appropriate, chapter 7 and 11 filings. The panelists will also consider the effects of COVID-related litigation regarding tuition reimbursement and potential enrollment contract modifications.

A conversation on how bankruptcy courts can get ready for the expected tsunami of mortgage defaults post-COVID and beyond. The panelists will share recent updates on extending the same process to address student loan defaults in chapter 13 bankruptcy cases.

Focus on strategy for restructuring/recovery in hard-hit industries and adapting for changes in consumer trends (i.e., movies, concert venues, fast-casual restaurants, mall/retail space, business travel).

Content begins at 19:26 Beyond discussing issues related to systemic bias, this panel will discuss approaches to challenging the status quo and addressing issues of diversity and inclusion. The panel of experts will provide attendees concrete, actionable knowledge on how to approach creating a welcoming workplace. Attendees will leave the session ready to use this knowledge to jumpstart their own efforts to enhance their workplace diversity, or to contribute to the firm’s existing diversity and inclusion efforts.

Hosted by the Bankruptcy Litigation and Consumer Bankruptcy Committees This panel will discuss the current state of the law and open issues regarding the automatic stay, discharge injunction and sanctions in light of the Supreme Court’s rulings in Fulton v. City of Chicago and Taggart v. Lorenzen.