This is an advanced course in business reorganization under Chapter 11 of the Bankruptcy Code. Students will navigate a distressed company through the Chapter 11 reorganization process. Coverage will include the following topics: pre-filing considerations and strategies connected with a corporation’s decision to seek relief under Chapter 11; commencing the Chapter 11 case and first-day motions; creditor committees, trustee and examiner issues; developing a plan of business reorganization; filing the reorganization plan; disclosure statement requirements and solicitation of plan acceptances; plan confirmation requirements; post-confirmation issues. Attention also will be given to special Chapter 11 issues involving airline bankruptcies; utility bankruptcies; toxic tort-type cases; collective bargaining agreements; and retiree-benefit issues. Enrollment limited to 20 students.
Upper-level course for: