Bankruptcy Taxation

This panel provides a practical overview of key tax considerations and recent developments affecting bankruptcy cases.Learning Objectives:Attendees will distinguish the treatment of various tax obligations in bankruptcy, including dischargeability, priority status, and secured tax claims.Attendees will assess recent legal and procedural developments affecting the administration of tax-related issues in consumer bankruptcy cases.Attendees will develop practical strategies for addressing tax planning considerations, compliance issues, and disputes arising in bankruptcy proceedings.

Moderated by ABI’s Bill Rochelle, seven bankruptcy judges from New York, Delaware, Houston and New Jersey will predict how the Supreme Court is likely to rule on the most controversial issues in reorganization, Subchapter V and Chapter 13.Learning ObjectivesAttendees will gain insight into how bankruptcy judges view emerging and contentious issues in reorganization cases, Subchapter V, and Chapter 13.Attendees will explore judicial perspectives on how the Supreme Court may approach unresolved or split issues in bankruptcy practice.Attendees will examine practical implications of differing judicial interpretations for debtors, creditors, and case strategy.

This panel will explore how tariffs, geopolitical tensions and macroeconomic pressures are reshaping the restructuring landscape. The panelists will examine the impact of these forces on such sectors as real estate, energy and retail, highlighting emerging distressed assets and strategies for navigating complex cross-border and domestic restructuring challenges. Attendees will gain practical insights into mitigating risk and identifying opportunities in an increasingly volatile environment.

This session will cover pending pertinent U.S. Supreme Court and appellate cases, as well as recently decided cases.

This panel will provide a comprehensive overview of key tax considerations that arise before and during bankruptcy proceedings. Attendees will learn how to preserve and utilize valuable tax attributes prior to filing. The panelists also will explore the complex question of whether certain tax attributes constitute property of the bankruptcy estate, and will address a range of critical tax issues that may emerge during a bankruptcy case. This session is essential for practitioners seeking to effectively navigate the intersection of tax law and bankruptcy.

This panel canvasses practical tax-related considerations for consumer attorneys to help you avoid common pitfalls, including the impact of tax issues on the timing of filing, dischargeability, asset administration and exemptions; a survey of trust fund taxes, what they are, how they differ across the states, and what they mean for individual liability; the responsibilities of chapter 13 debtors from a tax perspective; and negotiating with taxing authorities.

This panel focuses on material tax issues that every bankruptcy attorney should know that can impact both estate administration and bankruptcy plans. The panelists highlight issues that should be considered when a company is considering filing for bankruptcy or is in bankruptcy, such as tax attribute planning and preservation, management of COD income in connection with liability management transactions, “significant modification” of debt and how to minimize consequences, the considerations if the debtor is a partnership or a corporation, associated state tax issues, and key tax return compliance implications.

Learn about the hot buttons, goals and objectives of state and federal taxing authorities in the zone of insolvency during this lively session.