Maine State Approved Sessions

The claims trading marketplace has been growing rapidly over the past several years and has become commonplace in most significant chapter 11 cases. Fueling this activity are private-equity and hedge funds with varying motives and interests. This panel will explore the types of trades taking place and the mechanics of claims trading, and examine the influence that hedge funds are having on chapter 11 practice, as well as their practical impact when this “new” constituent has a seat at the table.

This is the second in a series of presentations geared toward understanding the deal-document side of a common transaction in a chapter 11 case. The panel will focus on DIP financing agreements, specifically what is behind the representations and warranties, covenants, default provisions and remedy provisions: Do differences exist if the DIP lender is the pre-petition lender rather than a new provider of funding? Are there deal-document differences if it is a syndicated lender group rather than a single lender? Just as important is what the panel will not focus on: This is not intended to be a discussion of § 364 and the means for obtaining approval of, or objecting to, a DIP financing motion. Rather, the presentation will be by those who understand and can explain the provisions of, the rationale behind, and the drafting and negotiation of the DIP financing agreement’s provisions.

Using Available Technologies in Bankruptcy Litigation — From the Basics to the Cutting Edge

Interview Panel

The Business of Student Loans from the School Perspective

Economic Effect of the Increase in Student Borrowing and Debt

Default and Distress Issues

Keynote Luncheon Presentation

How Hard Is the “Hard” in “Hardship”? The Current State of § 523(a)(8)

The Chapter 13 Option