Press Releases

Key Practitioners in Hertz Chapter 11 Join Special Virtual Program on October 14 to Discuss Creative Strategies Employed and Lessons Learned from the Case

Alexandria, Va. — A special virtual program at noon EDT on October 14 will bring together industry leaders to discuss how they directed the Hertz chapter 11 filing during the pandemic to result in a successful exit from bankruptcy in June 2021. The “Anatomy of the Hertz Chapter 11” program, moderated by Bloomberg Law and sponsored by Kramer Levin Naftalis & Frankel LLP, Moelis & Company and White & Case LLP, features practitioners who were involved with the case presenting their strategies, how they employed aggressive, nontraditional steps to maximize the company’s value, and how negotiation was of utmost importance.

Speakers on the webinar include:

  • Katherine Bologna, managing director, ABS, at Deutsche Bank AG, who served as the asset-backed securitization lender in the Hertz case.
  • Amy Caton, partner with Kramer Levin Naftalis & Frankel LLP, who served as counsel to Hertz’s Official Committee of Unsecured Creditors.
  • William Derrough, co-head of Restructuring and Recapitalization and member of the Senior Leadership Team of Moelis & Company, who served as the lead investment banker in the Hertz case.
  • Thomas Lauria, a partner and global head of the Financial Restructuring and Insolvency Practice of White & Case LLP, who served as counsel to Hertz.
  • The moderator for the program will be Jeff Fuller, a legal analyst with Bloomberg Law.

If you are a member of the press and would like to attend the virtual program, please click here.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

ABI Health Care Conference Lessons Learned from the COVID-19 Pandemic, Health Care Fraud, Restructuring Trends and Disruption and Other Key Issues

Alexandria, Va.— The American Bankruptcy Institute will be holding a two-day conference, October 25-26, focusing on the future of health care and the latest on restructurings in this critical industry. Registrants will have the option to attend either in person or virtually via an innovative platform. Issues to be discussed at ABI’s Health Care Conference: Back to the Future, being held at the DoubleTree by Hilton Hotel in Nashville, Tenn., include health care restructuring trends, impacts of the COVID-19 pandemic, future course of the industry and more. Conference attendees will take away a detailed understanding of the key issues that will plague the industry in the coming years, enabling attendees to identify opportunities within the ever-changing health care industry. In addition to engaging sessions, the program will feature two prominent speakers: Dr. Marc R. Watkins of Kroger Health (Brentwood, Tenn.), who will provide key perspectives during his “Large Employer’s Pandemic Response” keynote, and Eric Hargan of the Hargan Group (Washington, D.C.), a former Deputy Secretary of Health and Human Services who will survey U.S. government policy during his “The Pandemic, Its Echoes and Its Effects” keynote.

 

Chairs for the program are Suzanne A. Koenig of SAK Management Services LLC (Riverwoods, Ill.) and Nancy A. Peterman of Greenberg Traurig, LLP (Chicago). There will be 6.33 hours of CLE/CPE credit available for this program. Attendees of the virtual program can participate in livestreamed panels and have access to on-demand sessions through November 26, 2021 (CPE not available for viewing on-demand recorded sessions).

 

Panels for the Health Care Conference include:

 

  • Reactor Panel: Where Have the Restructurings Gone?
  • Health Care Fraud Fallout: Financial Implications for the Future
  • Reactor Panel: Health Care Investments Galore: Opportunities and Pitfalls
  • As the Health Care Industry Emerges from COVID-19, What Will the Challenges Be?
  • M&A, Startups and Where We Go from Here

 

For more information on ABI’s Health Care Conference, please click here. Members of the media looking to attend the program should contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected].

  

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.

 

Economic Legacy of COVID-19, Fraudulent Transfers and More to Be Discussed at ABI's 2021 Virtual Midwestern Bankruptcy Institute Program Sept. 30-Oct. 1

Alexandria, Va. — ABI and the UMKC School of Law are pleased to present the 2021 Virtual Midwestern Bankruptcy Institute, featuring engaging business and consumer sessions via a convenient and flexible online platform. A special luncheon lecture titled “The Wall of Debt, and Other Economic Legacies of COVID-19” will feature Bankruptcy Judge Michelle Harner (D. Md.; Baltimore), Richardo I. Kilpatrick of Kilpatrick & Associates, P.C. (Auburn Hills, Mich.) and James E. Millstein of Guggenheim Securities, LLC (New York). The program will also feature ABI’s popular ABI Talks session, with top experts focusing on industry and filing trends, PPP loans and fraud, and bad-faith filings. Andrea Chase of Spencer Fane LLP (Kansas City, Mo.) and Nicholas J. Zluticky of Stinson LLP (Kansas City, Mo.) are the program co-chairs, and Bankruptcy Judge Dennis R. Dow (W.D. Mo.; Kansas City) is the judicial chair. Attendees will be able to earn 6.66 hours of total CLE credit, including 0.8 of an hour of ethics. Session recordings will be viewable until November 1, 2021.

Program sessions include:

  • Case Law Update
  • Current Issues and Practice in Subchapter V Cases
  • Not-So-Obvious Fraudulent Transfers
  • Who Is My Client, Anyway? Ethical Dilemmas in Chapter 11
  • Ethics: Duty to Perform
  • Judicial Round & Round
  • Chapter 11 Feasibility and Related Confirmation Topics
  • Hot Topics in Chapter 13
  • Learn Mindfulness to Curtail Implicit Bias and Make Ethical Decisions

 

If you are a member of the press and would like to attend the Midwestern Bankruptcy Institute, please contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected].

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

 

Commercial Chapter 11 Filings Decrease 50 Percent in August from Last Year, Total Filings Down 18 Percent

Alexandria, Va. Commercial chapter 11 filings decreased 50 percent in August 2021 from last year, according to data provided by Epiq Systems, Inc. The 264 commercial chapter 11 filings in August 2021 fell by exactly half from the 528 filings registered in August 2020. The 32,257 total U.S. bankruptcy filings for August 2021 represented an 18 percent decrease from the August 2020 total of 39,361 filings. Likewise, the 30,533 consumer filings in August 2021 decreased 17 percent from last year’s consumer total of 36,873. Overall commercial filings in August 2021 totaled 1,724, down 31 percent from the 2,488 filings in August 2020.

“Struggling families and businesses are seeing government stabilization programs expire, lender forbearance programs recede, and challenges to the supply chain wrought by the pandemic resurface,” said ABI Executive Director Amy Quackenboss. “Amid uncertain economic times, bankruptcy remains a dependable shield to help keep companies and consumers from being financially overwhelmed.”

The 264 commercial chapter 11 filings recorded in August 2021 represented an 8 percent increase from the 245 commercial chapter 11 filings in July. August 2021 business filings increased 1 percent to 1,724 from July’s business total of 1,709. Total bankruptcy filings in August 2021 registered only a slight decrease (0.41%) from the 32,391 total filings in July. The 30,533 consumer filings in August also represented a slight decrease (0.49%) from July’s consumer total of 30,682.

The average nationwide per capita bankruptcy filing rate in August was 1.36 (total filings per 1,000 population), a slight decrease from the filing rate of 1.38 during the first seven months of 2021. Average total filings per day in August 2021 were 1,466, a decrease of 22 percent from the 1,874 total daily filings in August 2020. States with the highest per capita filing rates (total filings per 1,000 population) in August 2021 were:

1. Alabama (3.13)

2. Nevada (2.82)

3. Tennessee (2.47)

4. Indiana (2.30)

5. Kentucky (2.15)

ABI has partnered with Epiq in order to provide the most current bankruptcy filing data for analysts, researchers and members of the news media. Epiq is a leading provider of managed technology for the global legal profession. To view the full monthly statistical tables provided by Epiq, be sure to visit ABI’s Newsroom.

ABI’s COVID-19 Resources website is continually being updated for bankruptcy professionals and the public to access essential information and analysis regarding the financial distress being inflicted by the COVID-19 pandemic. The site features exclusive ABI content on the crisis, weekly filing statistics, recommended member analysis, industry sector news, charts and more. Also, ABI’s SBRA Resources webpage is routinely updated with information, statistics, analysis and events related to the Small Business Reorganization Act of 2019, which went into effect last year to make bankruptcy more accessible, efficient and cheaper for struggling small businesses.

For further information about the statistics or additional requests, please contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected].

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.

Changing Real Estate Landscape, Small Business Reorganization and Great Debates Among Featured Sessions at ABI's "Bankruptcy 2021: Views from the Bench" Program on Sept. 24

Alexandria, Va. — ABI’s popular Bankruptcy 2021: Views from the Bench program will take place on Sept. 24 and will feature the views of more than 20 sitting and retired bankruptcy judges during a full day of high-quality CLE and networking opportunities. Attendees will have the option of attending the program either in person at the JW Marriott in Washington, D.C., or virtually via an innovative online platform. This year’s program will examine a number of current issues related to bankruptcy case confirmation, the changing real estate landscape, small business reorganization and much more. Attendees have the chance to earn up to 6/7.2 hours of CLE/CPE credit and up to 1.2 hours of ethics. The judicial co-chair of the program is Bankruptcy Judge Michelle M. Harner (D. Md.; Baltimore), and the program chair is Donald A. Workman of BakerHostetler (Washington, D.C.). Those attending in person will have access to exclusive networking events, while virtual program attendees will be able to view livestreamed panels and have access to on-demand sessions through October 24, 2021.

The program will also feature ABI’s popular Great Debates session, with Norman N. Kinel of Squire Patton Boggs (New York) serving as moderator for both discussions. The first debate, between two U.S. Bankruptcy Judges for the Eastern District of Pennsylvania (Philadelphia), Hon. Ashely M. Chan and Hon. Eric L. Frank, will examine whether the Bankruptcy Code impliedly repeals the Federal Arbitration Act with respect to disputes regarding the allowance of claims against a bankruptcy estate. The second debate, featuring two U.S. Bankruptcy Judges for the District of Massachusetts (Boston), Hon. Janet E. Bostwick and Hon. Frank J. Bailey, considers whether a chapter 11 plan of reorganization may lawfully release the liability of a third party for its own tortious conduct without the consent of the creditor whose claim is being released.

Panel sessions at the Views from the Bench program include:

  • Confirmation: Brave New World?
  • Confirmation: The Rest of the Story
  • The Changing Real Estate Landscape
  • Small Business Reorganization
  • Ethics: The Game-Changing Benefits of Diversity & Elimination of Bias

If you are a member of the press and would like to attend the Views from the Bench program, please contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected]

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

COVID-19 Issues Including Employment Issues in Bankruptcy, Repurposing or Reimagining Distressed Real Estate and Eight Predictions for a Brave New Bankruptcy World Among the Discussions Set for ABI's 2021 Southwest Bankruptcy Conference Aug. 25-27

Alexandria, Va. – ABI’s 2021 Southwest Bankruptcy Conference will be held Aug. 25-27 at the Four Seasons Hotel in Las Vegas. The conference presents attendees with both an in-person and virtual option to join an outstanding faculty of leading judges, noted academics and prominent industry professionals presenting sessions on a variety of topics for both consumer and business practitioners. The conference will feature the popular “ABI Talks” series with discussions on divisive topics such as rejection of power purchase agreements, the future of oil and gas, and venue alternatives, and will provide an analytical review of Bankruptcy Appellate Panel reversals and affirmances. The conference will also feature a Judges’ Roundtable featuring Q&A with bankruptcy judges from the Ninth Circuit and across the country. Attendees have the opportunity to earn 8/9.5 hours of general CLE/CPE credit, including 1.25/1.5 hours of ethics. Session recordings will be available to attendees to view via the innovative conference portal.

Program co-chairs for the Southwest Bankruptcy Conference are Patrick A. Clisham of Engelman Berger, PC (Phoenix), Jordan A. Kroop of Perkins Coie LLP ((Phoenix) and John W. Lucas of Pachulski Stang Ziehl & Jones LLP (San Francisco). The sponsorship co-chairs are Louis M. Bubala, III of Kaempfer Crowell (Reno, Nev.) and Nellwyn Voorhies of Donlin, Recano & Company, Inc. (New York). Judicial co-chairs are Bankruptcy Judges Martin R. Barash (C.D. Cal.; Woodland Hills) and Daniel P. Collins (D. Ariz.; Phoenix).

Timely topics for the panel sessions include:

  • Judicial Roundtable
  • Complex Confirmation Issues
  • Consumer: Consumer Cases in the Headlines
  • Chapter 11 Cases in the Headlines
  • COVID-19: Infecting Employment Issues in Bankruptcy
  • Consumer: Intersection of Divorce and Bankruptcy
  • Repurposing or Reimagining Distressed Real Estate
  • ABI Talks
  • Nondischargeability, Discharge Injunction Violations and BofA Sanctions
  • First Look at Small Business Reorganization Act Cases
  • Eight COVID-19 Predictions for a Brave New Bankruptcy World: Hits, Misses and the Unforeseen
  • Strategies and Risks of Bankruptcy as a Response to State Court Litigation

For a list of speakers and additional details about the Southwest Bankruptcy Conference, please click here. Press looking to attend the Southwest Bankruptcy Conference should contact John Hartgen at 703-894-5935 or [email protected] to obtain a press pass.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

 

July Commercial Chapter 11s Down 62 Percent from Last Year, Total Filings Decrease 24 Percent

Alexandria, Va. Total commercial chapter 11 filings in July 2021 decreased 62 percent from the previous year, according to data provided by Epiq. Commercial chapter 11 filings totaled 244 in July 2021, down from the July 2020 total of 644. Total commercial filings decreased 39 percent in July 2021, as the 1,701 filings declined from the 2,780 commercial filings registered in July 2020. The 32,387 total bankruptcy filings in July 2021 were down 24 percent from the 42,865 total filings in July 2020. Total consumer filings decreased 23 percent in July 2021, as the 30,686 filings fell from the 40,085 consumer filings registered in July 2020.

“Extended stabilization efforts by the federal government, lender forbearance and continued low interest rates have kept struggling families and businesses afloat during the pandemic,” said ABI Executive Director Amy Quackenboss. “As relief programs recede, global supply chains are challenged and potential inflation looms, bankruptcy provides a proven lifeline for financially overwhelmed consumers and companies.”

July’s commercial chapter 11 filings represented a 30 percent decrease from the 349 filings in June 2021. Total commercial filings were down 15 percent over the June 2021 commercial filing total of 1,989. Total bankruptcy filings in July represented a 6 percent increase over the 34,277 total filings recorded the previous month. Total noncommercial filings for July represented a 5 percent increase from the June 2021 noncommercial filing total of 32,288.

The average nationwide per capita bankruptcy filing rate in July was 1.38 (total filings per 1,000 per population), a slight decrease from the filing rate of 1.40 during the first six months of 2021. Average total filings per day in July 2021 were 1,542, a 21 percent decrease from the 1,948 total daily filings in July 2020. States with the highest per capita filing rates (total filings per 1,000 population) in July 2021 were:

1. Alabama (3.13)

2. Nevada (2.85)

3. Tennessee (2.49)

4. Indiana (2.29)

5. Kentucky (2.17)

ABI has partnered with Epiq in order to provide the most current bankruptcy filing data for analysts, researchers and members of the news media. Epiq is a leading provider of managed technology for the global legal profession. To view the full monthly statistic tables provided by Epiq, be sure to visit ABI’s Newsroom.

For further information about the statistics or additional requests, please contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected].

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.

 

Current Economics and Continuing Effects of COVID-19, Disparate Treatment of People of Color in Bankruptcy, Subchapter V and More to be Discussed at ABI's 2021 Virtual Midwest Regional Bankruptcy Seminar Aug. 19-20

Alexandria, Va. —Top experts from the Cincinnati area will gather to discuss top bankruptcy issues at ABI’s 2021 Virtual Midwest Regional Bankruptcy Seminar Aug. 19-20. The workshop, being presented on an innovative virtual platform, will assemble the region’s top insolvency professionals for two days of engaging sessions and networking. A faculty of outstanding judges, academics and practitioners will present workshops on the key trends in the industry, with concurrent sessions looking at key business, consumer and skill-focused topics. Attendees will also have the opportunity to earn 7.75 hours of CLE credit, including 1.50 hour of ethics, and will have access to program recordings until September 20.

 

Program co-chairs for the Midwest Regional Bankruptcy Seminar are Ellen Arvin Kennedy of Dinsmore & Shohl LLP (Lexington, Ky.) and Jason V. Stitt of Keating Muething & Klekamp PLL (Cincinnati). The judicial co-chairs for the workshop are Bankruptcy Judges Hon. Beth A. Buchanan (S.D. Ohio; Cincinnati) and Jeffery P. Hopkins (S.D. Ohio; Cincinnati).

 

Sessions at the Midwest Regional Bankruptcy Seminar include:

  • Case Law and Rules Update
  • Commercial Session: Out-of-the-Ordinary Out-of-Court Restructuring Issues
  • Consumer Session: “Stop Where You Are: A Bankruptcy Has Been Filed. But Don’t Just Stand There!”
  • Disparate Treatment of People of Color in the Bankruptcy Process
  • Judicial Town Hall
  • Current Economics and the Continuing Effects of COVID-19
  • Subchapter V

 

For more information about speakers and other program details, please visit https://www.abi.org/virtual/conference/mrbs21/page. Members of the press who would like to access ABI’s 2021 Virtual Midwest Regional Bankruptcy Seminar should contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected]

 

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

 

ABI Commission on Consumer Bankruptcy Provides Written Statement for Senate Judiciary Committee Hearing on Student Loan Bankruptcy Reform

The American Bankruptcy Institute (ABI) Commission on Consumer Bankruptcy today submitted a written statement to the Senate Judiciary Committee to be entered into the record for the hearing titled “Student Loan Bankruptcy Reform.” Hon. William Houston Brown (retired), in his capacity as co-chair of the ABI Commission on Consumer Bankruptcy, and Amy Quackenboss, ABI Executive Director, submitted the statement at the invitation of the Committee to provide the Commission’s recommendation on student loan debt and bankruptcy.

The Commission issued its Final Report in April 2019 providing recommendations focused on 48 discrete issue areas to improve the consumer bankruptcy system. Its more than 250 pages are supported by nearly 700 footnotes, with the basis for each recommendation fully documented. Each recommendation was considered individually and approved by at least a two-thirds majority of the Commission.  The final report was approved by the commissioners unanimously. Student loan debt in bankruptcy was the first issue addressed in the Commission’s Final Report.

“Amid the financial challenges brought on by the COVID-19 pandemic, student over-indebtedness also has significant adverse consequences for the national economy,” according to the statement. “High levels of post-secondary education debt correlates with lower earnings, lower rates of home ownership, fewer automobile purchases, higher household financial distress, and delayed marriage and family formation among other ripple effects.”

To read the statement and read the full Commission recommendation on student loan debt and bankruptcy, please click here

To speak with Judge Brown or a member of the Commission regarding its recommendation on student loan debt, please contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected].

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

ABI’s Board of Directors in December 2016 commissioned a two-and-a-half-year study to examine the consumer bankruptcy system with a goal of issuing a report containing recommended improvements to be implemented within the existing structure. The ABI Commission on Consumer Bankruptcy issued its Final Report in April 2019 providing recommendations focused on 48 discrete issue areas to improve the consumer bankruptcy system. For more information on the Commission and to download a copy of the Final Report, please visit https://consumercommission.abi.org/.  

 

Emerging SPAC Trends, Impact of the Pandemic on Brick-and-Mortar, Increasing Use of Ch. 11 to Resolve Sexual Abuse Scandals and More to Be Discussed at ABI's 2021 Mid-Atlantic Virtual Bankruptcy Workshop Aug. 5-6

Alexandria, Va. —Top experts will examine key bankruptcy trends at ABI’s 2021 Mid-Atlantic Virtual Bankruptcy Workshop Aug. 5-6. The workshop, being presented on an innovative virtual platform, will bring together the region’s top insolvency professionals for two days of flexible learning and networking. A faculty of outstanding judges, academics and practitioners will present workshops on the hottest topics of the day, with concurrent sessions looking at key business, consumer and skill-focused topics. Attendees will have the opportunity to earn 6 hours of CLE credit, including 1 hour of ethics, and will have access to program recordings until September 6.

Program co-chairs for the Mid-Atlantic Bankruptcy Workshop are Anne Eberhardt of Gavin/Solmonese LLC (New York), Shanti M. Katona of Polsinelli (Wilmington, Del.) and Lisa B. Tancredi of Womble Bond Dickinson (US) LLP (Baltimore). The judicial co-chairs for the workshop are Bankruptcy Judges Ashely Chan (E.D. Pa.; Philadelphia) and Stacey L. Meisel (D. N.J.; Newark).

Sessions at the Mid-Atlantic Bankruptcy Workshop include:

  • The Impact of the Pandemic on Brick-and-Mortar: A New Paradigm, or the Next Stage in the Evolution of Retail?
  • What’s a Creditor to Do? The Standing Doctrine in Bankruptcy Court
  • Emerging SPAC Trends and Other Creative Financing Structures
  • Subchapter V Recent Case Law Updates and Issues: Navigating the New Small Business Roadmap to Reorganization
  • The Increasing Use of Chapter 11 to Resolve Sexual Abuse Scandals
  • Workout and Insolvency Issues Involving the SBA’s Paycheck Protection Program
  • Ethics: Know Before You Go
  • Judicial Round & Round

For more information about speakers and other program details, please visit https://www.abi.org/virtual/conference/ma21/page. Members of the press who would like to access ABI’s 2021 Virtual Mid-Atlantic Bankruptcy Workshop should contact ABI Public Affairs Officer John Hartgen at 703-894-5935 or [email protected]

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

 

 

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