COVID-19 Disruptions – A Business Bankruptcy Primer
3 p.m.-4:30 p.m. (Eastern)
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.