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Bankruptcy 101

Sooner or later, many practitioners will find themselves dealing with bankrupt clients or business associates. Learning the fundamentals of bankruptcy law can therefore be an essential practice component for a variety of professions. ABI's Nuts & Bolts program is specifically designed with these practitioners in mind — even if they have never taken a bankruptcy course. By covering all of the bankruptcy essentials, the program provides a foundation in bankruptcy law for both lawyers and business professionals alike, taught by an outstanding faculty of experts who present practice tips and the basic concepts that every professional dealing with insolvency needs to know, including:

  • What is the structure of the Bankruptcy Code?
  • What questions should I be asking my client?
  • What are my client's options?
  • How do I commence a bankruptcy case?
  • What do the terms "discharge," "property of the estate," "claims," "priority" and "automatic stay" mean?

Who this course is for:
This program geared toward professionals and attorneys of all experience levels who want to develop a strong working knowledge of bankruptcy law and practice.

General Bankruptcy Fundamentals ($295 - includes 1 year ABI membership; a $295 Value!)

This 2.5 hour program presents a discussion of the who, what and why of a bankruptcy case. Part I explores concepts applicable in all cases, including the automatic stay, property of the estate, claims and priorities, executory contracts and unexpired leases and the discharge are examined. Part II explores the range of the estate's avoiding powers of various transfers such as preferences, fraudulent transfers and unperfected security interests.

Prof. Lois Lupica, Moderator
  Maine Law Foundation Professor of Law
  University of Maine School of Law in Portland
Hon. Wendelin I. Lipp
  U.S. Bankruptcy Court (D. MD.); Greenbelt, MD
Alexander M. Laughlin
  Odin, Feldman & Pittleman, PC; Fairfax, VA
Lisa A. Tracy
  Executive Office for U.S. Trustees; Washington, DC

Business Bankruptcy Fundamentals ($100 Add-On Session)

This two-part, 3.5-hour program fully covers the procedures and strategies of the typical chapter 11 case from pre-bankruptcy planning through plan confirmation and beyond; DIP financing, executory contracts and leases, sales, workouts, corporate governance, and tax issues are also fully treated. The faculty includes a U.S. Bankruptcy Judge as well as attorney and nonattorney professionals experienced in corporate reorganizations.

Michael L. Bernstein
  Arnold & Porter
Hon. Thomas J. Catliota
  U.S. Bankruptcy Court (D. MD.); Greenbelt, MD
Boris Steffen
  Gavin/Salmonese LLC

Consumer Bankruptcy Fundamentals ($100 Add-On Session):

This two-part, 3.0-hour program fully covers the consumer bankruptcy process from counseling the consumer debtor, chapter choice, exemptions, claims, the automatic stay, means testing, dischargeability and debtor education. The faculty includes a Law Professor, a U.S. Bankruptcy Judge and leading practitioners.

Prof. Lois Lupica, Moderator
  Maine Law Foundation Professor of Law
  University of Maine School of Law in Portland
Hon. Wendelin I. Lipp
  U.S. Bankruptcy Court (D. MD.); Greenbelt, MD
Alexander M. Laughlin
  Odin, Feldman & Pittleman, PC; Fairfax, VA
Lisa A. Tracy
  Executive Office for U.S. Trustees; Washington, DC

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