When is the sale over (Revel), when can I credit bid (Fisker), and what is the right price (MPM) ? These and other 363 topics will be addressed during this session.
Estate-planning efforts and divorce proceedings can result in trustees being able to reach property that had previously been considered beyond the reach of creditors. Be prepared to explore the intersections of these laws with an expert panel who will address the impact of bankruptcy on estate plans, homestead exemptions, life estates, the sale of remainder interests and more.
A professional speaking coach will start this session with general comments on speaking, then provide specific critiques on two teams that will make a mock pitch for a new creditor group representation (ad hoc group or committee).
Courts and commentators have long agreed that the Trust Indenture Act (TIA) provides
protection against majority amendment to certain core terms. Given recent aggressive
maneuvers in mega-cases, the TIA has become a weapon of choice for bondholders
to fight back. More pressing questions, however, concern the breadth of this protection
in nonconsensual debt restructurings. Should the TIA protect the ability, and not merely
the formal right, to receive payment in some circumstances? Is it limited to conduct
that disenfranchises the minority, or does it have broader uses as a weapon against
unilateral conduct by the issuer that hurts bondholders’ recovery?
Well over a dozen Catholic dioceses and religious orders have filed chapter 11, from
Tucson to the Arctic and from Portland to Milwaukee. A panel of attorneys involved in
nearly all of these unique proceedings will provide updates on the cases and analyze
the paths that have proved successful — and those that have not.
Ten years ago, the consumer bankruptcy bar was facing an unknown world with the passage of BAPCPA. Areas of concern included the means test, the determination of “presumptions of abuse,” the definitions of “excess disposable income” and how it varied from “disposable income,” and the stringent limitations on the claims of exemptions by debtors. This panel will examine the case law that has evolved and will review how consumer bankruptcy cases are being administered in light of BAPCPA. Has the outcome been what the drafters intended it to be, or is consumer bankruptcy practice essentially the same 10 years later?
Resolved:
A chapter 11 plan can grant a third-party release.
Resolved:
A bankruptcy judge can disband a creditors’ committee.
Resolved:
Filing a proof of claim on a time-barred debt violates the FDCPA
This is the second of three webinars stemming from ABI's recently published book Fraud and Forensics: Piercing Through the Deception in a Commercial Fraud Case. Each webinar takes an in-depth look at areas of specialty, challenge and reward for forensic accountants and the professionals who work with them in commercial fraud cases. The third webinar will be:
FRAUD AND FORENSICS: THE LAWYER AND FORENSIC ACCOUNTANT WORKING TOGETHER - JANUARY TBD
This webinar will focus on the role of the forensic accountant as an expert in a commercial fraud case. Featuring two authors of the recently published book Fraud and Forensics: Piercing Through the Deception in a Commercial Fraud Case, the presentation will offer tips for both the forensic accountant and the lawyer for writing an effective expert report. Listen also to a retired bankruptcy judge explain what the trier of fact wants to hear in expert testimony and how to deliver persuasive testimony.