The 2020 Pandemic: A Corporate Life Cycle Accelerant
The road paved by COVID-19 appears to be a long and winding one for turnaround professionals. Unlike other recessions, where life eventually returns to the way things used to be, the pandemic recession will lead to significant changes in individual and societal behavior that remain long after it’s...
TMA Town Hall for October 14, 2020

Subchapter V, The Newest Tool to Help Small Businesses

Subchapter V trustees give an overview of eligibility for and key features of this new portion of the U.S. Bankruptcy Code designed to make Chapter 11 proceedings faster, cheaper, and easier for small businesses. With...

Subchapter V
Most middle market lenders probably paid little attention when the Small Business Reorganization Act (SBRA)—popularly known as Subchapter V, referring to the new Subchapter V of Chapter 11 of the Bankruptcy Code—took effect in February 2020. Only businesses with combined secured and unsecured debts...
TMA-Northern Ohio

July 14, 2020

Join the Northern District of Ohio's Subchapter V Bankruptcy Trustees as they discuss how the new legislation is being applied by debtors, courts, and trustees. The panel will talk about the types of cases filed, pending issues, recent decisions, and...

Medicare, Medicaid Provider Agreements May Transfer Free and Clear in Bankruptcy
There are significant benefits to a healthcare entity selling assets in bankruptcy, particularly with respect to the transfer of its Medicare or Medicaid provider agreements. A commonly held view 1 is that bankruptcy offers little use to healthcare entities reliant on Medicare or Medicaid payments...
How THG May Alter the Landscape in Healthcare Provider Bankruptcies
The Bankruptcy Court for the District of Delaware on August 29, 2019, decided In re THG Holdings LLC, 604 B.R. 154 (Bankr. D. Del. 2019). In THG , Judge John T. Dorsey ruled that the automatic stay of U.S. Bankruptcy Code Section 362 precluded a postpetition continuation and reversal of a...
TMA Town Hall for August 5, 2020

Chapter 15 - The Next Wave of Opportunities for U.S. Restructuring Professionals? sponsored by Hilco Global

A working knowledge of Chapter 15 is something every practitioner should have in his or her toolbox. Learn about this important part of the U.S. Bankruptcy code...

Court Blocks Investor’s Use of ‘Golden Shares’ to Prevent Bankruptcy Filing
In football, proper blocking helps a team control the line of scrimmage. Because a bankruptcy filing can shift the power away from an investor to the financially distressed company, investors often have sought to “control the line of scrimmage” and block companies in which they have invested from...
TMA Town Hall for July 8, 2020

Best Practices for Directors & Officers in an Economic Downturn

What typical challenges face directors and officers of insolvent companies? To whom do directors and officers have a fiduciary duty in insolvency? Speakers offer valuable insights to help you determine if...

TMA Town Hall for June 10, 2020

Retail Distress: COVID-19 Infects Struggling Businesses

Prominent retail bankruptcies already made headlines before the COVID-19 pandemic forced store closures across the U.S. With many states now allowing businesses to reopen, can retailers survive at 50% capacity or...