Business

The global pandemic has had an incredible impact on mortgage issues in consumer bankruptcies and will continue to do so for the foreseeable future. From the CARES Act forbearances, to resolving those forbearances through a waterfall of options including partial-claim mortgages, deferral agreements and modifications, to HAF funds, potential sales and other loss-mitigation options, this panel will discuss the pandemic's effects on consumer bankruptcies and the various issues that creditor and debtor attorneys will have to navigate.

This panel will discuss how trustees are paid and a trustee’s role upon conversion.

This panel will discuss mindfulness to control runaway mind moments and center your thoughts. Learn skills so that you are in control of your thoughts and not your thoughts controlling you.

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

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

This panel will feature discussions of subchapter V vs. chapter 13, and their corresponding unique elements and deadlines.

This session will provide a checklist of the topics to address with the management of a failing business in that first meeting with the client.

Resolved: Bankruptcy courts do not have the authority to approve nonconsensual releases of direct claimsheld by third parties against nondebtors as part of a chapter 11 plan or reorganization. Pro: Hon. Eugene R.Wedoff (ret.); Con: Marshall S. Huebner Resolved: Trustee requests of debtors for documents andinformation beyond that already required by the Code and Rules should not be routinely undertaken, butinstead should be limited to inquiries suggested by issues arising in specific cases. Pro: Tiffany L. Carroll;Con: Gary R. Stickell Resolved: The Seventh Circuit was wrong in Sheehan v. Breccia Unlimited Co. (In reSheehan), 21-2946 (7th Cir. Sept. 9, 2022), when it barred U.S. bankruptcy courts from stopping foreigncreditors from taking action against a debtor’s assets abroad when the U.S. court has no general or specificpersonal jurisdiction over the creditors. Pro: Hon. Christopher S. Sontchi (ret.); Con: Hon. David R. Jones.

Featuring the perspectives of the debtor, creditor, subchapter V trustee and the bench, this session willconsider the life cycle of a small business reorganization. Beginning 30 days before the debtor files itspetition, continuing through the 90-day plan filing deadline and hurtling toward confirmation, the panelistswill discuss pre-bankruptcy planning and negotiation, debate eligibility and case-management issues,consider best practices for utilizing a subchapter V trustee throughout the case, and highlight tips and trapsof plan formulation, contested confirmation hearings and post-effective-date matters.