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Advantages of Bankruptcy for Corporations and Investors

SKU: BNK300
General Credits
1
Price$50
  • Online Access
  • Smartphone
  • iPad/iPod/Tablets
  • CDs/DVDs

Description

Today’s fiscal crisis has made the potential for bankruptcy a shocking reality for many. Few corporations or individuals are prepared for the complexities and procedural issues the process entails. This informative CLE course will outline the various benefits to corporations, investors and debtors in filing for Chapter 11. The course will also explain different types of bankruptcies and explain how to reclassify secured debt into unsecured debt, the process for the free and clear sale of assets and the requirements for confirmation of Chapter 11.

Also included in this course is:

  • Automatic Stay (Bankruptcy Code § 362)
  • Extension of time to fulfill contractual obligations (Bankruptcy Code § 108)
  • Payment of Interest and Other Treatment of Secured Claims
  • Assumption/Assignment/Rejection of Leases and Executory Contracts
  • Tax advantages

Lecturer Bios

Edward E. Neiger, Esq.

Edward E. Neiger is a partner at Neiger LLP. Prior to founding Neiger LLP, Edward was an attorney in the Business, Finance & Restructuring department of Weil, Gotshal & Manges LLP, one of the nation’s premier restructuring practices. At Weil Gotshal, Edward worked on behalf of numerous high-profile debtors and creditors, including WorldCom, Parmalat, Atkins, Ames, Formica and Vertis, and helped facilitate the turnaround of these companies. He has developed a particular expertise in connection with preference actions and has authored numerous articles on restructuring-related topics. Edward is committed to giving back to the community. In law school, he assisted victims of domestic violence and was awarded the Edward R. Murray Public Service Award in recognition of his efforts. He has been actively involved in various organizations that provide legal services to those in need on a pro bono basis, including defending low income tenants in eviction proceedings and helping Holocaust survivors recover monetary damages from the German government. Currently, Neiger LLP works with the Bankruptcy Assistance Project, which is a nationally recognized program that assists low-income individuals who cannot afford to hire a bankruptcy attorney file for bankruptcy. Neiger LLP received an award in recognition of its bro bono efforts with the Bankruptcy Assistance Project, which was presented by the Honorable Stuart M. Bernstein, Chief Judge of the United States Bankruptcy Court for the Southern District of New York and the Honorable Carla E. Craig, Chief Judge of the United States Bankruptcy Court for the Eastern District of New York. Edward graduated from Touro College summa cum laude, where he served as the president of the Pre-Law Society and editor-in-chief of the Pre-Law Journal. He was awarded the Touro College Service and Leadership Award at graduation. At Fordham Law School, he served on the Law Review and received the Archibald R. Murray Award for Public Service. Edward is admitted to practice law before the Supreme Court of the United States, the Southern District of New York, the Eastern District of New York, the District of New Jersey, and in the States of New York and New Jersey. Edward is the vice chair of the executive committee of the Future Leaders division of the New York Institute of Credit.



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