The Knowledge Group
The Knowledge Group

Felton E. Parrish, Partner, K&L Gates LLP at KC’s The Bankruptcy Code Section 363 Explored Live Webcast

New York, NY, March 31, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Felton Parrish, Partner, K&L Gates LLP will speak at the Knowledge Congress’ webcast entitled: “The Bankruptcy Code Section 363 Explored Live Webcast.” This event is scheduled on August 5, 2011 from 12:00pm to 2:00pm ET. (For further details, please visit: http://www.knowledgecongress.org/event_2011_section363.html)

Event Synopsis:

Section 363 of the Bankruptcy code has introduced a number of new issues that practitioners must make themselves aware of in order to sufficiently mitigate as much of the downside as possible during bankruptcy proceedings.

The Knowledge Group is producing a 2-hour Live webcast that will provide clear, up-to-date insights in Bankruptcy Code Section 363 including:

- Bankruptcy Code Section 363 - Overview
- Vital differences between § 363 sales and the Chapter 11
- Sales of bankrupt businesses under § 363
- Advantages of using Bankruptcy Code Section 363 to debtors and purchasers of distressed companies
- Legal and Non-legal Sale Process
- Risks of using § 363 sales
- Up-to-the-minute legal and regulatory updates

About Felton Parrish

Mr. Parrish focuses his practice on the representation of creditors and other parties in interest in complex Chapter 11 bankruptcies and out-of-court workouts and restructurings. In addition, he has extensive experience representing parties in insolvency-related commercial litigation. Mr. Parrish has represented both purchasers and sellers in § 363 sales and is the co-author of the chapter entitled “Sales of Assets Under Section 363” in Collier Guide to Chapter 11: Key Topics and Selected Industries (Matthew Bender 2010).

Representative Experience:

• Counsel to the successful appellant in In re DBSD North America, Inc. (2d Cir. 2011) in which the Second Circuit Court of Appeals reversed the plan confirmation order entered by the Bankruptcy Court on the grounds that the plan of reorganization violated the absolute priority rule.
• Represented collateral agent for $1 billion debtor-in-possession financing agreement in cross-border insolvency proceeding.
• Represented secured aircraft lenders and lessors in the bankruptcy of Delta Air Lines, Inc.
• Represented the senior secured lender in the Chapter 11 bankruptcy of a publicly-traded furniture manufacturer.
• Obtained the dismissal of breach of fiduciary duty claims asserted by a shareholder against the directors of a bankrupt corporation.

About K&L Gates LLP

K&L Gates LLP comprises nearly 2,000 lawyers who practice in 37 offices located on three continents: Anchorage, Austin, Beijing, Berlin, Boston, Brussels, Charlotte, Chicago, Dallas, Dubai, Fort Worth, Frankfurt, Harrisburg, Hong Kong, London, Los Angeles, Miami, Moscow, Newark, New York, Orange County, Palo Alto, Paris, Pittsburgh, Portland, Raleigh, Research Triangle Park, San Diego, San Francisco, Seattle, Shanghai, Singapore, Spokane/Coeur d’Alene, Taipei, Tokyo, Warsaw and Washington.

K&L Gates represents leading global corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals. The firm’s practice is a robust full market practice — cutting edge, complex and dynamic, at once regional, national and international in scope. In 2009 and 2010, its revenues exceeded $1 Billion and, as stated in the July 2010 issue of the UK publication Legal Business, the firm “has further cemented its position as the Global 100’s fastest growing firm.”

For more information on Felton Parrish and K&L Gates LLP, please visit: http://www.klgates.com

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

To contact or register to an event, please visit: www.knowledgecongress.org.

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