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Chapter 11 Structured Dismissals: What You Need to Know

August 11, 2015

3:00PM-4:15PM, EDT

Chapter 11 debtors are increasingly considering structured dismissals as a viable exit strategy after the sale of substantially all of their assets. Although structured dismissals are a more efficient and less costly alternative to confirming a liquidating plan or a Chapter 7 conversion, the use of structured dismissals is not without controversy. In this practical webinar, you’ll receive step-by-step guidance on structured dismissals and how to evaluate whether and when they are appropriate. 

Among other things, you’ll learn:

  • What structured dismissals are
  • How structured dismissals differ from liquidating plans and Chapter 7 conversions
  • How to determine whether a structured dismissal should be utilized
  • The benefits of structured dismissals over alternative exit strategies
  • The argument against structured dismissals, including:
    • The assertion that structured dismissals violate the Bankruptcy Code as impermissible sub rosa plans, and
    • Objections to the inclusion of various provisions in dismissal orders
  • Current judicial attitudes towards structured dismissals, including:
    • Bankruptcy court decisions, and
    • Recent Third Circuit opinion approving a structured dismissal

View Live and/or recording for 6 months on your computer, tablet, or smartphone.