During a Chapter 11 bankruptcy sale, it is crucial to consider various factors, with one significant factor being the customers involved.
In the second installment of the American Bankruptcy Institute (ABI) webinar series sponsored by SC&H Capital, experts explore the value customers can add to (or detract from) Chapter 11 bankruptcy proceedings. Topics include:
- The importance of assuming or rejecting customer supply agreements and the impact that customer behavior can have on the success of the reorganization or sale process
- The creditor role of a customer that can arise by virtue of rejection damages
- The consent and approval rights that customers may have in the Chapter 11 process and the implications of these rights for both the debtor and potential bidders in the sale process
- The impact that a change of ownership can have on customers, the protections they’re afforded, and how both are addressed in Chapter 11 bankruptcy proceedings
Whether you represent customers, creditors, or are simply interested in learning more about the bankruptcy process, this discussion will provide a comprehensive view of the role of customers in Chapter 11 bankruptcy proceedings.
- Ken Mann, Managing Director of SC&H, Moderator
- Hon. Kevin J. Carey, Senior Counsel at Hogan Lovells US LLP
- Sheryl L. Toby, Partner at Dykema Gossett PLLC
- Matthew E. Wilkins, Founding Member of Brooks Wilkins Sharkey Turco PLLC
About American Bankruptcy Institute
The American Bankruptcy Institute provides congressional leaders and the public with reporting and analysis of bankruptcy regulations, laws, and trends. With 18 different committees and more than 12,000 members in multi-disciplinary roles, ABI provides educational conferences, networking opportunities, and other events to strengthen relationships in the industry and develop leadership roles. To learn more, visit www.abi.org.
To access Part 1 of 3, Understanding Executory Contract Rejection: Damages, Valuation, and Strategy, click here.