Alternatives to Bankruptcy

With the high costs of professional and administrative expenses, coupled with the inability of most middle market companies to qualify for the benefits of Subchapter V of the Bankruptcy Code, many financially distressed companies are unable to use the bankruptcy process to reorganize and/or sell their assets.

Our panel of experts will discuss, from the secured lender’s perspective, various non-bankruptcy alternatives to maximize restructuring and/or collateral monetization initiatives, including assignments for the benefit of creditors, secured party sales under Article 9 of the Uniform Commercial Code, state and federal court receiverships, and other out of court restructuring arrangements.  

Moderator
Jonathan Helfat, Partner, Otterbourg P.C.

Panelists
Oren Bitan, Shareholder, Buchalter
Brent R McIlwain, Partner, Holland & Knight LLP
Cynthia Romano, CTP, Senior Managing Director, FTI Consulting, Inc.
Edwin E. Smith, Partner, Morgan, Lewis & Bockius LLP
Robert A. Zadek, Of Counsel, Buchalter/Principal of Lenders Funding

This session is eligible for:
1.0 CLE Credit
1.2 CPE Credits