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 the current treatment of third-party releases in Chapter 11 reorganization plans. The panel discussion will include current approaches to incorporating release and discharge provisions into a Chapter 11 plan, and how creditors should evaluate and respond to such provisions based on recent case law.
- Court standards for approving third-party releases
- Requirements for adequate disclosure of third-party releases
- Recent case law developments: explicit vs. implicit consent
- Structuring non-debtor releases
- Analyzing and objecting to non-debtor releases
The panel will review these and other priority 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?
- How should creditors, bondholders and other constituents evaluate release provisions to determine the appropriate response?
Jason W. Bank
Kerr Russell and Weber
Mr. Bank has over 20 years of experience in bankruptcy and restructuring and general corporate law. He focuses his... | Read More
Mr. Bank has over 20 years of experience in bankruptcy and restructuring and general corporate law. He focuses his practice in the areas of commercial bankruptcy, out-of-court workouts, corporate restructuring and creditors’ rights. Mr. Bank is the chair of the firm's Bankruptcy and Restructuring Department.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