Business Reorganization

Through case studies (FTX, SVB and LeClair Ryan), this panel will discuss the importance of corporate controls and share best practices for implementing strong corporate controls.

The life cycle of an SPAC is continually evolving — and in recent history, some cycles have included bankruptcy proceedings. This panel will go through what an SPAC is and what it means to “deSPAC,” and will examine post-deSPAC'ed companies against the backdrop of the current, sometimes turbulent economy. The panelists also will discuss when bankruptcy is (or isn’t) an option for a de-SPAC'ed company, and how a bankruptcy case may (or may not) be different for such a company.

Do you ever wonder what a particular Supreme Court decision means for you and your practice? This panel will discuss the Supreme Court’s general approach to deciding cases, including bankruptcy cases, and what those decisions mean for the bankruptcy and larger legal community. The panelists will use decisions from last term (as well as those to be argued this term) to help attendees better understand the decisions, how they might influence lower court decisions, and what it all means for those subjected to their decisions.

This panel will discuss the current status of nonconsensual third-party releases (Purdue, Aearo, Boy Scouts, LTL), good faith and financial distress, alternatives to nonconsensual releases, international comparisons, preservation and impact of insurance, and case administration issues that include obtaining consent, conflicts among claimants represented by a single firm, and preservation of a claimant’s “day in court.”

This panel will provide attendees with a step-by-step process to review potential claims against parties-in-interest in chapter 11 proceedings. The panelists will review the establishment of independent directors/special committees and scope of authority, the process plan regarding a proposed investigation, execution of the plan during chapter 11 proceedings, and addressing issues, allegations and disputes raised by stakeholders.

Climate change is ravaging the world through droughts, flooding, fires, intense heat and deforestation, among other environmental events. Numerous industries have already been impacted, and other industries will be affected, including agriculture, hospitality, construction and insurance. This panel provides an overview of the economic impact of climate change and the ways in which insolvency professionals will be expected to address this ever-increasing cause of financial distress.

This panel will discuss pre-bankruptcy planning in the wake of In re LTL Management. What must you do? What may you do? What are the limits?

Topics: Four Legislative Changes for Third-Party Releases “DIP Order Creep”: What Can You Get Now? “Person Aggrieved” and Bankruptcy Appeals State of the Market

The panel will discuss bankruptcy Supreme Court cases from the last two years and their effects at the trial court level. The panelists will also highlight key issues where there are circuit splits that may provide ground for future Supreme Court jurisprudence.

This panel will provide practical information and business considerations for filing an involuntary bankruptcy case, and helpful guidance when litigating entry of an order for relief.