2023

This panel will examine the recent rise and possible fall of the Texas Two-Step, with a focus on the recent LTL and Aero decisions, as well as a discussion on good faith as a necessary aspect of a chapter 11 filing.

Over the last decade, the “restructuring director” has emerged as a key new player in corporate restructurings. This panel will review the rise of the restructuring director, the role they play in restructurings, and the benefits they bring — along with the controversies they cause.

This session will discuss recent decisions and developments regarding third-party releases, both internationally and domestically.

With the evolution of international bankruptcy law, is there still a case for chapter 11? Which jurisdictions have shown themselves to be more beneficial to certain parties in interest? This panel will cover these issues and more.

Certain judges have started to require that DIP orders waive any argument that the UCC cannot seek derivative standing to pursue claims on behalf of an LLC debtor. Is this trend rooted in bankruptcy common law? This panel will discuss this question and more.

This panel will present a discussion of recent nonconsensual DIP financings, and take a look at some novel provisions that are becoming more common in DIP orders. The panelists will explore the current status of priming DIP financings/nonconsensual uses of cash collateral, and recent developments in DIP-financing orders, including limitations on the challenge period, large roll-ups, equity participations and "interim order creep."

2023 Annual Spring Meeting, one of the most significant annual gatherings of bankruptcy and insolvency professionals in the country! ABI’s Annual Spring Meeting provides the ultimate in learning and networking opportunities for the insolvency community. Your next big deal or career-boosting connection could be just a click away. 

This year, ABI’s Complex Financial Restructuring Program (CFRP) will become The Battle of the Plans, with a brand-new case study, as it heads to the Ritz-Carlton New Orleans along with the VALCON 2023 program. This program will provide the insights you need to solve problems pre-bankruptcy and beyond. Seasoned professionals and ABI “40 Under 40” program alumni comprise the expert faculty, who will present competing plans and take on the biggest issues of the Caesars bankruptcy case.

A team of ABI “40 Under 40” honorees, in the role of the debtor’s professional advisory team, will present the debtor’s value-maximizing plan of reorganization.

Panelists representing the stakeholders in the case (secured creditors, bondholders, trade, equity) will discuss their strategies to increase their constituents’ respective pieces of the pie.