Please join us for our 1st event for the 2021-2022 year:
Non-consensual third-party releases - releases of liability that might be afforded to non-debtor persons with ties to a chapter 11 debtor’s estate - have long been the subject of important Circuit Court decisions. Undoubtedly, the availability of third-party releases has been venue-determinative for many large corporate chapter 11 cases that have confirmed plans centered on such relief. Most recently, mass-tort bankruptcy mega-cases have highlighted the significance of the availability, standards and opt-out mechanisms related to non-consensual third-party releases with political discourse on the topic now reaching a “fever pitch.” In the shadow of the Purdue Pharma bankruptcy case and hastily-drafted legislation pending before Congress, which could strictly limit Federal Court powers in this area, the panel will explore the status quo and discuss whether there are standards under which it would be beneficial for the Bankruptcy Code to expressly allow third-party releases in the context of a chapter 11 plan.
Hon. Erithe A. Smith, United States Bankruptcy Court of the Central District of California
Matthew G. Bouslog, Gibson, Dunn & Crutcher LLP
Jeffrey K. Garfinkle, Buchalter
5:30 PM - 7:00 PDT
As a result of the COVID-19 pandemic the program will be held by Zoom videoconference. Invitations with the Zoom videoconference information will be emailed prior to the event.
FLC members: $40
Government employees: $0
*Please pay online with a credit card. We are not accepting checks at this time.
This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of 1.5 hours. The Financial Lawyers Conference certifies that this activity conforms to the standards for approved educational activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education. MCLE Certificates will be sent post-event once the Zoom attendance report has been reviewed.
Return, Refunds and Cancellation Policy
All cancellations and refund requests must be received by FLC no later than the Friday prior to the event. Thereafter, all sales are final and no refunds are given. To cancel, email us at email@example.com