As interest rates have skyrocketed, credit has tightened and economic uncertainties abound, this session focuses on where bankruptcy and restructuring are headed in 2023 and 2024, with an emphasis on the significant uptick in Chapter 11 filings and the impact on credit professionals.
This live session, featuring Lowenstein's Bruce S. Nathan, Andrew Behlmann, and Michael Papandrea, will open with a discussion on the macroeconomic factors that are driving a resurgence in Chapter 11 filings and the industries most likely to be affected. The speakers will examine the trend towards speedier Chapter 11 cases, including prepackaged and pre-arranged Chapter 11s, bankruptcy cases involving expedited sales of business/assets and an increase in free-fall Chapter 11s.
The speakers will also present a Chapter 11 case study on Revlon’s free-fall Chapter 11, the apparent “new normal” (and benefits) of creditors’ committees being formed via virtual meetings and the increased frequency of Subchapter V Chapter 11 cases for small businesses and how trade creditors have fared in these cases.
Speakers:
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
- Michael Papandrea, Counsel, Lowenstein Sandler LLP
Time: 3 p.m. ET
*Disclaimer: This event is open to the public but requires a registration fee.
