Brooklyn Law School and the Center for the Study of Business Law and Regulation cordially invite you to participate in the
Thursday, November 20, 2014
6:30 — 9:00 pm
Location
Brooklyn Law School
Feil Hall
Forchelli Conference Center, 22nd Floor
205 State Street
Brooklyn, NY
Directions:
www.brooklaw.edu/directions
Dinner will be served. Seating is limited.
RSVP online:
www.brooklaw.edu/zaretskypgm
before Monday, November 17, 2014
About the Discussion
All-asset sales have become the dominant mechanism for monetizing a firm's
value in Chapter 11 cases. This year's roundtable will focus on credit
bidding and successor liability in such all-asset sales. The Supreme Court's
recent decision in
Radlax reaffirms the secured creditor's right to credit bid, but recent lower
court decisions have suggested that this right may not be absolute. The
Bankruptcy Code gives the trustee the power to sell assets free and clear
of liens and interests, but when an entire firm is transferred to a buyer,
questions of successor liability must be addressed. This issue gained
prominent attention recently in the GM case, but it has arisen in many
Chapter 11 cases. The discussion will focus on secured creditor control
and the ability of debtors to sell assets free and clear of future claims.
Co-Sponsors
Center for the Study of Business Law and Regulation
American Bankruptcy Institute
Professor Barry L. Zaretsky (1950-1997)
Professor Barry L. Zaretsky, a member of the Brooklyn Law School faculty
for 19 years, was a teacher and mentor to countless Brooklyn Law School
students and a distinguished bankruptcy and commercial law scholar. His
work inside and outside the classroom bridged the worlds of theory and practice.
Learn more about the Barry L. Zaretsky Roundtable Steering Committee.
