Chapter 11 Plan Third-Party Release Provisions: Structuring or Objecting to NonDebtor Releases
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will discuss structuring third-party releases and exculpation provisions in Chapter 11 plans of reorganization, the standards that courts apply in approving releases, crafting objections to nondebtor releases, and recent case law developments.
- Court standards for approving nondebtor releases
- Requirements for adequate disclosure of nondebtor releases
- Recent case law developments
- Structuring nondebtor releases
- Objecting to nondebtor releases
The panel will review these and other key issues:
- What factors do courts consider in determining whether the third-party releases are appropriate?
- How should third-party releases be drafted to avoid disclosure deficiencies?
- What factors should creditors, bondholders and other constituents leverage in objecting to nondebtor releases?
James M. Lawniczak
Calfee Halter & Griswold
Mr. Lawniczak has 30 years experience representing clients in complex corporate reorganizations and bankruptcy and... | Read More
Mr. Lawniczak has 30 years experience representing clients in complex corporate reorganizations and bankruptcy and creditors’ rights, as well as commercial business and finance matters. Head of Calfee’s Bankruptcy Litigation practice, he represents secured and unsecured creditors, debtors, liquidators, receivers and unsecured creditors’ committees in all aspects of corporate and insurance insolvency and workout proceedings. His practice also includes working with domestic and international clients on transactional matters in the commercial business and finance arena.Close
Karen Skomorucha Owens
Ashby & Geddes
Ms. Owens represents corporate debtors, foreign representatives, creditors’ committees, examiners, and... | Read More
Ms. Owens represents corporate debtors, foreign representatives, creditors’ committees, examiners, and various other creditor constituencies in reorganization and liquidation proceedings. She is an editor and regular contributor to The Delaware Bankruptcy Insider.Close
Sasser Law Firm
Mr. Sasser's practice focuses on individual and business bankruptcy, insolvency matters, and associated... | Read More
Mr. Sasser's practice focuses on individual and business bankruptcy, insolvency matters, and associated federal and state court litigation. He is certified by the North Carolina State Bar Board of Legal Specialization and the American Board of Certification as a specialist in both Business Bankruptcy and Consumer Bankruptcy.Close