ABI and the Mid-Atlantic Advisory Board invite you to attend the first online event for this program: The Mid-Atlantic Virtual Bankruptcy Workshop!
Originally planned as an in-person event at the Hyatt Regency Chesapeake Bay Golf Resort (where we will return in August 2021), this reimagined event will take advantage of the flexibility that an online conference offers. Attendees will be able to choose from a range of interactive educational sessions during the two-day event and experience them from the comfort of their home or office. Sessions feature ABI Talks, Cannabis in Bankruptcy, and an ethics session focusing on how to get retained as a debtor’s attorney.
Factor in ample opportunities to network virtually with area bankruptcy professionals — and a low cost of just $100 for the entire program — and you’ll see why you won’t want to miss this one-of-a-kind experience!
This year's ABI Talks, presented in the style of the ever-popular TED Talks, will focus on three timely topics.
There have been several recent retail cases in which debtors asked the courts to suspend their payment obligations to landlords and others in light of COVID-19. This discussion will highlight court decisions in such cases as Modell’s, True Religion, Art Van, Pier 1 and Craftworks, focusing on some of the legal issues raised by these cases, what we can take away from them in the event of another shutdown, and how they may affect bankruptcy practice in a post-pandemic world.
Intersection of Bankruptcy and Social Issues
Bankruptcy has been largely been viewed as a solution to solely economic and financial concerns. Historically, scholarship related to bankruptcy’s intersection with social issues has focused on the social problems that may result from bankruptcy, or the social issues of which bankruptcy may be a symptom. Over the last several years, however, bankruptcy has been a common thread in some of the largest social movements of our generation. This discussion will center around the intersection of bankruptcy and some of today's social issues, including the “#MeToo” movement, the Catholic Church and Boy Scouts of America abuse scandals, and the racial justice demonstrations regarding housing and policing. The ways in which bankruptcy practitioners and the bench have been asked to craft solutions to address social ills will be explored within the framework of the Bankruptcy Code, as well as the ways in which bankruptcy will continue to play a part in addressing social issues.
Insolvency Throughout History
Public perceptions of bankruptcy have changed over the centuries. This talk will examine how debt is treated in ancient texts, the debtor’s prisons of the early modern era, and the modern-day notions that bankruptcy is considered an essential practice for businesses but a failing for consumers, even as the U.S. President describes himself as the “King of Debt.”
Sponsored by CohnReznick LLP
Concurrent Sessions (choose 1 or 2)
1. Cannabis in Bankruptcy
The panel will briefly address the historical use of cannabis in America for medicinal purposes and the subsequent criminalization of cannabis, which was racially motivated. The panel will then discuss the challenges faced by corporate entities that seek to obtain bankruptcy protection when at least a portion of their income is derived from the sale or cultivation of cannabis, the lease of space to cannabis companies, or the sale or manufacture of products used in connection with a cannabis business. The panel also will discuss the nonbankruptcy options for these entities, as well as the financial hurdles faced by such entities. Finally, a representative from a community bank in Maryland will discuss the services that her bank is able to provide to cannabis dispensaries.
2. Bax Decision
This panel will discuss recent bankruptcy court decisions addressing the Delaware Court of Chancery’s decision in CML V LLC v. Bax, and how these decisions impact a creditors’ committee’s or any other creditor’s ability to bring derivative claims against third parties. The panelists will also provide examples of how committees and judges are solving this issue through financing orders and other methods.
Find your comfiest chair, then join your Mid-Atlantic colleagues online for some relaxed socializing!
Sponsored by Getzler Henrich
Concurrent Sessions (Choose 1 or 2)
1. The Pros and Cons of Transactions Involving Distressed Hospitals and Health Care Providers
This panel will provide an analysis of the current levels of financial distress across the hospital, skilled-nursing and home-health sectors using various measurements, including distributions by state.
2. Ethics: How to Get Retained as Debtors’ Attorneys
This session will focus on professional retention issues in chapter 11 cases, starting with a brief primer on applicable Bankruptcy Code sections. The panelists will then delve into recent case law on such hot topics as disclosures, conflicts and retroactive relief.
In this virtual variation on the in-person format, a group of distinguished judges from the Mid-Atlantic region will discuss current bankruptcy and practical skills issues in an innovative Zoom-style presentation. Every 20 minutes, judges and attendees will rotate to a new online “room,” pre-selected by participants. Enjoy quality time and gain valuable insights into best practices with judges and colleagues.
Wrap up the workshop with some relaxed socializing!
Sponsored by McGuireWoods
ABI Member & Non-member: $100
Program and ABI Membership for New Members*: $400
* Includes a one-year ABI membership for first-time members — a $375 value! Membership is individual and nonrefundable. If your membership has expired, select the member rate and add in your membership renewal fee.
No refunds will be granted for this online program. Should you become unable to attend any or all of the sessions, upon request, a recording of all sessions can be sent to you, along with the corresponding educational materials.
The American Bankruptcy Institute is dedicated to providing a harassment-free conference experience for everyone, regardless of gender, gender identity and expression, sexual orientation, disability, physical appearance, body size, race, age or religion. We do not tolerate harassment of conference participants in any form. Sexual language and imagery is not appropriate for any conference venue, including talks. Conference participants violating these rules may be sanctioned or expelled from the conference without a refund at the discretion of the conference organizers. Our anti-harassment policy can be found at: https://www.abi.org/about-us/bylaws-and-policies.
This program is eligible for 4 hours of general CLE credit, including 1 hour of ethics, in states calculating CLE on a 60-minute hour, and 4.8 hours of general CLE credit, including 1.2 hours of ethics, in 50-minute-hour states. Credit hours are estimated and are subject to each state’s approval and credit-rounding rules and might not be approved prior to the program. California MCLE: ABI certifies that this activity has been approved for MCLE credit in the amount of 4 hours, including 1 hour of ethics. NY MCLE: This course or program has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 4.5 credit hours, of which 3.5 credit hours can be applied toward the professional practice requirement and 1 credit hour can be applied toward the ethics professionalism requirement.
4.5 hours of CPE credit, including 1 hour of behavioral ethics, are also available. Instructional Delivery Method: Group Internet-Based.
* ABI offers intermediate-level courses, which assume that attendees will have at least some detailed knowledge of insolvency matters (pursuant to the “Statement on Standards for CPE Programs” established by AICPA and NASBA). ABI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.nasbaregistry.org.
When and how can I access the virtual conference?
Registered attendees will receive a link via email to the attendee website 48 hours before the first session begins. The link will be sent to the email address you used to register for the program, and this is how you will access all of the conference content. You’ll use the same link each day to access the attendee website for the live conference and whenever you choose to view the on-demand content.
What if I don't receive the link?
Contact [email protected], and a member of the ABI team can provide you with one.
Can I share this link with others?
As with in-person meetings, registrations cannot be shared. The registration provides a secure single sign-on experience for the user.
How much time should I expect to be online during the event days?
The virtual workshop takes place over about 3.5 hours in the afternoon on both Thursday and Friday. During breaks from the live sessions, you can visit other areas of the conference, such as the Attendee Lounge.
Are there any specific technology requirements?
You will be able to access the program sessions without downloading any plug-ins or software. However, for best results, we recommend that you use Google Chrome, Mozilla Firefox and Chromium Edge to access the sessions. The program will not be available on a mobile/cell phone (iPhone, Android, Blackberry), but can be accessed through laptop, desktop (PC or Mac) and certain other mobile devices (Surface Pro, iPad).
What are the suggested web browser prerequisites?
Internet Explorer 10 or higher
Chromium Edge 80 or higher
Google Chrome 53.0.2785 or higher
Safari 10.0.602.1.50 or higher
Firefox 76 or higher
Note: Mobile web browsers are not supported.