Bankruptcy Section 1111(b)(2) Elections, Plan Feasibility, and Cramdown Interest Rate Complexities
Navigating Advantages for Secured Lenders and Potential Traps for Debtors
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide counsel with a review of the scope of the Section 1111(b)(2) election for secured lenders and the impact of the election on cramdown strategies. The program will also discuss cramdown interest rates and the impact rates have on cramdown strategies.
- Scope of the §1111(b)(2) election
- Strategies for secured lenders in considering the election
- Impact of the election on the debtor’s cramdown plan
- Impact of cramdown interest rates on cramdown strategies
The panel will address these and other key questions:
- What opportunities does the §1111(b)(2) election present for secured lenders facing cramdown by the property owner?
- What must real estate owners understand about the §1111(b) election to determine whether a lender’s election can undermine the owner’s cramdown objectives?
- What impact does the cramdown interest rate play in determining the value of the lender’s §1111(b)(2) election claim?
Michael E. Foreman
Mr. Foreman is a restructuring lawyer, with considerable experience and expertise in financial restructuring and... | Read More
Mr. Foreman is a restructuring lawyer, with considerable experience and expertise in financial restructuring and corporate bankruptcy, transactions (M&As, divestitures and major contracts) and corporate governance issues, and dispute resolution. He has extensive experience in the C-suite and boardroom, across the negotiation table and in court, as both a corporate transactional lawyer and business litigator.Close
Mr. Mintz’s practice is focused on representations of corporate and individual debtors in and out of bankruptcy,... | Read More
Mr. Mintz’s practice is focused on representations of corporate and individual debtors in and out of bankruptcy, creditors’ committees, lender groups, DIP lenders, fiduciaries, equity holders, indenture trustees and individual creditors in a variety of industries. He has extensive transaction experience with respect to the negotiating and drafting of reorganization plans and agreements for complex asset purchases, loans, investments, subordination, intercreditor, and factoring.Close