Pennsylvania State Approved Sessions

This panel will provide an update on today’s retail restructuring landscape by discussing hot topics in retail bankruptcy cases, administrative solvency challenges, the “billing vs. accrual” approach in leases (Avianca Holdings), nondebtor releases and injunctions in sale orders, and chapter 15 and sales of U.S. assets “free and clear” (Goli). How far have we come over the years? What out-of-court solutions might work best?

This session will provide a foundational overview of directors and officers (D&O) insurance, with a focus on issues that commonly arise in bankruptcy and distressed scenarios. Attendees will explore the importance of Side A coverage and strategies for supplementing existing policies to protect chief restructuring officers and board members. The panelists also will cover key legal principles and practical litigation strategies related to D&O breach-of-fiduciary-duty claims, providing insights from both plaintiff and defense perspectives.

In today’s volatile commercial real estate market, the intersection of lease law and bankruptcy is more complex than ever. This panel dives into the real-world challenges landlords and tenants face when bankruptcy hits, using recent high-profile cases — including WeWork and a wave of "Chapter 22" retail filings — to examine the growing tensions among market realities, restructuring costs and the Bankruptcy Code.

This panel will break down last year’s Supreme Court bankruptcy cases, notable circuit court of appeals decisions, and growing circuit splits, and will discuss how developments in bankruptcy appellate law have impacted bankruptcy practice.

This panel will focus on state court receiverships, federal court receiverships, involuntary bankruptcies, assignments for the benefit of creditors and other alternatives to traditional workouts, all from a creditor’s perspective.

As artificial intelligence transforms the legal landscape, understanding how to effectively and ethically integrate AI into legal practice is essential. This panel will explore successful strategies for employing AI in legal workflows, offer insights into ethical frameworks and considerations surrounding its use, and provide a comprehensive overview of the current market of AI-powered legal technology solutions. Attendees will leave with practical knowledge to navigate the evolving AI legal ecosystem with confidence and responsibility.

This session will provide a timely and practical overview of the current economic landscape, highlighting key trends shaping markets and industries. Included in the discussion will be the broader economic outlook, an assessment of the implications of the recently enacted One Big Beautiful Bill Act across various sectors, and an analysis of the current state and future trajectory of U.S. tariff policy.

CLE credit is not available for this session.This panel will review various macro issues that will likely impact the restructuring community in 2026, including trends associated with the private credit markets and the health care, retail and real estate sectors.

The health care industry is facing growing financial stress, driving a surge in both chapter 11 filings and out-of-court restructurings. This panel will explore the evolving landscape of health care distress, highlighting the creative solutions being used outside of traditional bankruptcy, such as receiverships, distressed M&A and liability-management transactions. The panelists will examine the influx of private capital into the sector, regulatory and compliance pressures, and how declining reimbursement rates and litigation are accelerating financial challenges. The discussion will also provide practical insights into navigating fiduciary duties, valuation standards, and the broader implications of restructuring in both for-profit and nonprofit health care environments.

This panel will provide guidance on identifying and addressing issues relating to personal-injury (PI) causes of action that arise (or are discovered) post-petition in consumer bankruptcy cases. When are they property of the estate? What disclosures are required, and when? How does judicial estoppel apply? In chapter 13 cases, does the debtor need court approval to retain and pay PI counsel? Is bankruptcy court approval required before the debtor settles a cause of action? The panelists will address these questions and more.