2015

Intellectual Property can constitute one of the most valuable and significant assets that a company may own. This panel will discuss what happens when two very unique areas of law collide and what every insolvency practitioner needs know when dealing with intellectual property in distressed circumstances.

The unique nature of partnerships and limited liability companies causes great uncertainty when a debtor owns a part of them. The bankruptcy code has almost nothing explicitly to say about these entities, leaving practitioners and courts to work out the details. Our panel will cover the fundamental nature of these entities, how that nature affects what a trustee or debtor can do with them, and problems that arise for the entity when a part owner files bankruptcy.

It's become increasingly popular for businesses, developers and project sponsors to take advantage of specialized tax credit programs at the federal and state levels designed to incentivize investment in affordable housing, low-income communities and historic preservation. Bankruptcy and workout professionals should have a basic understanding of these tax credit programs and the unique issues that can arise in workouts and bankruptcies involving projects financed through the use of tax credits. This webinar will cover: 1)Low-Income Housing Tax Credit (LIHTC); 2)New Market Tax Credit (NMTC); 3)Historic Tax Credit (HTC) programs; 4)And will explore some of the unique issues and challenges that arise in workouts and bankruptcies involving projects financed through such programs. ABI will seek 1.5 hours of general CLE credit in 60-minute-hour states and 1.75 hours of credit in 50-minute-hour states. CLE-Approved States: ABI’s live webinars and teleconferences ordinarily receive CLE credit in AL, CA, DE, GA, IL, MN, NE, NH, NJ, NY (approved jurisdiction policy), PA, TN and TX. ABI will obtain approval in additional states. ABI does not seek direct accreditation of live webinars in KS and OH. Credit hours granted are subject to approval from each state, which may not be determined prior to the program.

“Most official bankruptcy forms will be replaced with substantially revised, reformatted and renumbered versions effective December 1, 2015.” – U.S. Courts These new forms are part of a forms modernization project that was begun by the Advisory Committee on Bankruptcy Rules in 2008. Among other things, the new forms introduce different versions of case opening forms for individual debtors and non-individual debtors. The new forms are easier for debtors to understand and complete and are designed to work with scheduled enhancements to the federal courts’ case opening and electronic case management system. Join members of the Advisory Committee on Bankruptcy Rules, as well as a software expert from Stratus BK, to learn about the new forms.

Featuring Students from the Memphis University Duberstein Moot Court Team