TMA Town Hall for May 20, 2020

Oil & Gas Distress: Price and Quantity Considerations beyond COVID-19

Oil prices had already tumbled in 2020 before the additional shock from COVID-19 shutdowns. What led up to this volatility, and where will the energy markets go from here?

Speakers:...

Puts Chapter 11  Bankruptcy  Within Reach for  Small Businesses
The Small Business Reorganization Act of 2019 (SBRA), known as Subchapter V (Public Law (PL) 116-54), presents a new opportunity for reorganizing small businesses under Chapter 11 of the U.S. Bankruptcy Code. This new law became effective February 20, 2020, and was promptly expanded as of March 27...
Will Chapter 12's New Debt Limit Fuel a Cramdown Express?
On August 23, 2019, President Trump signed into law the Family Farmer Relief Act of 2019, which increased the debt limit under Chapter 12 of the U.S. Bankruptcy Code to $10 million from about $4.15 million. This means that Chapter 12 is now a viable option for larger family farming operations,...
DIP Financing in Retail Bankruptcy Cases: Looking to Precedent to Reduce Litigation, Save More Retailers
With the surge in retailers filing for Chapter 11 over the last several years, precedents abound for the debtor-in-possession (DIP) packages put together to finance the bankruptcy cases of retail debtors. Certain patterns and common practices have begun to emerge. A review of large retail Chapter...
Improving the Odds of Success for Retail Bankruptcies
Last year saw over 9,300 retail store closures—more than any other year on record and a 60% increase over the roughly 5,800 closures in 2018. Whether one believes the industry is in the midst of the “retail apocalypse” or that what’s happening is merely a matter of survival of the fittest, it is a...
2020 Distressed Investing Conference

From the 2020 Distressed Investing Conference

Beware the long tail of successor liability—with recent cases involving asbestos, talc, and opioids, asset acquisitions may not be as “free and clear” as they seem. Exceptions to the “rule of non-liability” have expanded over recent decades....

2020 Distressed Investing Conference

From the 2020 Distressed Investing Conference

Debtor-in-possession (DIP) financing is commonly used to fund operations during Chapter 11 restructuring and takes priority over existing claims. In some recent bankruptcy cases, last-minute loans and other liquidity infusions before filing...

Uncertainty Persists Over Postpetition Interest Vis-à-Vis Unimpaired Creditors
Unsecured creditors in bankruptcy typically are barred from receiving postpetition interest on their prepetition claims against a debtor. That much is certain. But several courts recently have faced more challenging questions, such as whether unsecured creditors that are purported to be unimpaired...
The 2019 TMA Annual

From The 2019 TMA Annual

Expand your horizons and explore recent happenings in cross-border insolvencies during this period of economic uncertainty. Key players from large international cases will discuss jurisdictional considerations, challenges assisting clients in foreign jurisdictions...

The 2019 TMA Annual

From The 2019 TMA Annual

Restructuring is used as a tool in more and more music, entertainment, IP, and licensing deals. And, as more forms of media shift to online streaming and other new distribution mechanisms, how will reorganization and restructuring protocols value and adapt to new...