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SPEAKERS

David Powlen, Delaware Attorney

David M. Powlen

Partner
Asset Revitalization Co-Chair



SPEAKERS

David Powlen, Delaware Attorney

David M. Powlen

Partner
Asset Revitalization Co-Chair

With the U.S. economy likely facing a recession resulting from the COVID-19 outbreak, economists expect large numbers of business bankruptcy filings and out-of-court restructurings. As the first in a series of webinars to be presented by Finance, Insolvency and Restructuring attorneys, this program will provide a primer on key bankruptcy code provisions, and address how the rights and claims of secured and unsecured creditors – including lenders, suppliers, customers, lessors, lessees and other contract counter-parties – may be affected by and protected in a business bankruptcy case.

Topics will include:

  • Overview of Cases and Procedures
  • New CARE Act and Small Business Provisions
  • Imposition of and Relief from the Automatic Stay
  • Treatment of Leases and Executory Contracts
  • Section 363 Sales
  • Chapter 11 Plans of Reorganization or Liquidation
  • Preferences and Other “Avoidance” Actions Against Creditors

This session is designed primarily for executives, managers, non-legal personnel, inside counsel and other professionals who may need an introduction to or review of business bankruptcy law. There will be an extended Q&A and written materials will be provided.

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