Tuesday, May 20, 2025
Panel: Insights from Experience: A Practical Guide to and Strategies for Protecting Trade Creditors in Subchapter V Cases

As the Subchapter V "small business" provisions of the Bankruptcy Code mark their fifth anniversary, their impact on trade claims has revealed both opportunities and challenges. While these provisions have streamlined reorganization processes and reduced costs for small business debtors, they've significantly shifted the traditional balance between debtors and trade creditors.

Trade creditors have faced several key challenges under Subchapter V, including:

  • The elimination of creditors' committees
  • A more limited role for Subchapter V trustees
  • Relaxed plan confirmation requirements, particularly the removal of the absolute priority rule
  • Stretched out payment terms for administrative claims under reorganization plans

Speakers:

Time: 9 a.m. ET

Wednesday, May 21, 2025
Panel: AI in the Credit Department: Drafting and Implementing Responsible AI Policies and Procedures

Artificial Intelligence has gone from science fiction to being a mainstream business tool, seemingly overnight. While AI technology offers powerful benefits for the credit professional, it brings meaningful risks and a regulatory overlay that are just beginning to emerge. This program will help position the credit department as advocates for establishing guidelines for the use of AI and guardrails to protect their companies from the risks arising from the use of AI in credit decision making and collection actions (and other areas of business).

Speakers:

Time: 8:30 a.m. ET

Conference Location: Huntington Convention Center, 300 Lakeside Ave E, Cleveland, OH 44113

*Disclaimer: This event is open to the public but requires a registration fee.

Event details