Commercial Chapter 11 filings are expected to continue to increase in 2027, continuing the sustained growth in distress in 2025 and 2026. This program will discuss the reasons for the ongoing growth in Chapter 11 filings; the industries affected; the ongoing economic albatross of zombie companies; liability management transactions and out of court restructurings and their adverse impact on subsequent chapter 11 filings; the favored US bankruptcy court venues for large commercial chapter 11 filings; the persistence of serial chapter 11 (Chapter 22) filings; the increased frequency of restructuring transactions abroad; the growing prevalence of alternative liquidation mechanisms such as Assignments for the Benefit of Creditors; the growing risk of administratively insolvent chapter 11 cases, the explosion in Subchapter V small business filings (including the recently passed Bankruptcy Threshold Adjustment Act, which is likely to encourage more such filings) , and time permitting the preference wave and how credit professionals should respond.
Speakers:
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
Location: The Westin Riverwalk, San Antonio, 420 W Market St, San Antonio, TX 78205