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Annual Spring Meeting | April 23-25 | Washington, DC Register Today View Schedule

Cannabis Businesses and Cannabis-Related Income Streams in Chapter 11 Cases

This panel explores how and whether participants in the cannabis industry (i.e., landlords, employees, business partners) can utilize the Bankruptcy Code to obtain bankruptcy relief. The panel first discusses bankruptcy cases involving debtors with varying levels of interaction with the cannabis industry, ranging from debtors who grow marijuana to those whose businesses merely interact with the cannabis industry. The panel then discusses the Garvin case from the Ninth Circuit (and perhaps others), where the court confirmed a chapter 11 plan involving a debtor who rented property to a marijuana business. The panel concludes with a discussion of other insolvency options for entities engaged in businesses related to the marijuana industry (i.e., state court assignments for the benefit of creditors).

2020 Caribbean Insolvency Symposium
2020
Bankruptcy Code: 
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