The recent months have seen an uptick in bankruptcy filings as a continued result of the economic distress brought on by the COVID-19 pandemic. With the increasing concerns for inflation, rising interest rates, labor shortages, and market volatility, access to bankruptcy protection is indispensable, especially for financially distressed companies. While taking refuge from the debt crisis doesn’t come without a cost, reorganization under Chapter 11 of the Bankruptcy Code offers a viable way for many businesses to have a fresh start and get back on track. However, businesses must still be wary of the potential drawbacks amid the shifting regulatory climate of bankruptcy law.
A panel of key thought leaders and practitioners assembled by The Knowledge Group will provide an insightful discussion of the fundamental updates on Chapter 11 bankruptcy. The speakers will also highlight critical issues, challenges, and best practices in filing for a reorganization plan.
Field of Study: Business Law