Tennessee State Approved Sessions

Over the past decade, companies burdened with significant asbestos and other tort liability have utilized the so-called “Texas Two-Step” strategy to separate those tort liabilities from core assets and resolve them through the chapter 11 bankruptcy process. This session will cover isolating liabilities to preserve ongoing value with mass torts and corporate side changes, and subsequent bankruptcy issues, including venue, ongoing operations, valuations and third-party releases.

David Wasserman is the U.S. House editor and senior election analyst for the nonpartisan newsletter The Cook Political Report with Amy Walter and a contributor to NBC News. The New York Times called The Cook Political Report with Amy Walter “a newsletter that both parties regard as authoritative.” In this mid-term election year, he will provide his predictions and analysis of the current political environment. Mr. Wasserman analyzes the current political environment in lively and entertaining presentations. His data-driven forecasting looks at both national and local trends, the relationship between consumer brand loyalty and voting, and what the future holds for American elections.

What privileges and confidentiality can be asserted in bankruptcy litigation (e.g., attorney/client, common interest, mediation, etc.), and how do you invoke and preserve these various privileges/confidentialities? This session will identify these issues and address the ethical and legal implications if they they aren’t properly preserved.

Join ABI's Diversity Working Group to hear from experts on the current trends related to gender identity and pronoun usage, workplace liability issues and more.

This panel will discuss why the monetization of intellectual property (IP) has become a key strategic tool in restructuring, bankruptcy and acquisitions, and how the importance of monetization has evolved over decades. The panelists include experts in innovation, the role IP plays in bankruptcy and restructuring, how cross-border situations impact the monetization of IP, post-acquisition integration of the IP “footprint,” and other key topics of interest.

This session will cover the use of independent special committees/directors and will include a discussion on what independence entails, including extended family relationships/financial referral relationships, even if they are not formalized.

This panel of subchapter V experts will discuss the multitude of issues that have developed since the enactment of the statute, and how practitioners can best deal with these issues.

This panel will focus on covering lenders’ perspectives on chapter 11 strategy and options, such as note sales, out-of-court restructurings or formal bankruptcy sales, and will discuss lenders’ and borrowers’ perspectives on regulatory challenges and procedural issues, such as anti-trust and environmental concerns, that are sometimes raised during a bankruptcy case, as well as issues with § 363 sales, DIP milestones and restructuring support agreements.

This panel will use a case-study approach and mock negotiations to work through restructuring options for a brand-new case study. The case focuses on issues related to the valuation, makewhole, shared-services agreement and governance issues of the company and its creditors.

Sponsored by ABI's Real Estate Committee The private and for-profit college, university and school sector continues to be challenged due to decreasing enrollment, cost structures and increased competition from community colleges, area technical schools and online offerings that students turned to during the pandemic. It is estimated that there are hundreds of these real estate-heavy institutions, which can have campuses with substantial improvements having been made, or they can operate solely in leased space. This program will focus on how the real estate footprint of these institutions can be utilized in connection with other turnaround strategies to achieve a turnaround or restructuring. The discussion will include public/private partnerships for parking, dormitories and more, sale-leasebacks and bridge financing, lease restructurings, monetizing surplus real estate, developing owned real estate, and marketing closed campuses for repurposing or redevelopment.