Ronald R. Peterson, Partner with Jenner & Block LLP to Speak at The Knowledge Group’s Significant Liquidating Trusts & Post Confirmation Issues in Bankruptcies in 2017
New York, NY, January 14, 2017 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Ronald R. Peterson, Partner with Jenner & Block LLP will speak at The Knowledge Group’s webcast entitled: “Significant Liquidating Trusts & Post Confirmation Issues in Bankruptcies in 2017.” This event is scheduled for February 7, 2017 from 12:00pm – 2:00pm (ET).
For further details, please visit: http://www.theknowledgegroup.org/significant-liquidating-trusts-post-confirmation-issues-in-bankruptcies-in-2017-live-webcast/
About Ronald R. Peterson
Mr. Peterson concentrates his practice in the areas of commercial, insolvency and bankruptcy law. He is the Vice President of the National Association of Bankruptcy Trustees and a fellow of the American College of Bankruptcy.
Mr. Peterson has been a member of the panel of Chapter 7 Trustees for the Northern District of Illinois, Eastern Division, since 1987. He has presided over numerous complex commercial cases, including Stotler & Co., the country’s 10th largest commodities house, and Lancelot Investment, a $1.7 billion Ponzi scheme. Mr. Peterson has also served as examiner in Robert Lund, a large real estate developer and is the Chairman of the Creditors’ Committee in Thomas J. Petters, a $3.5 billion Ponzi scheme. Mr. Peterson is a member of the American Bankruptcy Institute, Commercial Law League of America and the Business Bankruptcy Committee of the Business Law Section and the Bankruptcy Litigation Committee of the Litigation Section of the American Bar Association. He is a Director of the National Association of Bankruptcy Trustees and is also a member of INSOL (International Association of Restructuring, Insolvency & Bankruptcy Professionals).
About Jenner & Block LLP
Jenner & Block is a law firm with global reach, with more than 500 lawyers and offices in Chicago, London, Los Angeles, New York and Washington, DC. The firm is known for its prominent and successful litigation practice and experience handling sophisticated and high-profile corporate transactions. Firm clients include Fortune 100 companies, large privately held corporations, financial services institutions, emerging companies and venture capital and private equity investors. In 2016, The American Lawyer named Jenner & Block to the A-List, which recognizes the top 20 US law firms. The American Lawyer also recognized the firm as the #1 pro bono firm in the United States six of the past nine years; the firm has been ranked among the top 10 in this category every year since 1990.
Abstract
Post-confirmation liquidation and litigation trusts prove to be effective tools in working out certain issues in a Chapter 11 Case. Section 1123(b)(3)(B) of the Bankruptcy Code authorizes the creation of such trusts, given that there had been a well-devised reorganization plan that clearly identifies the claims and interests of both parties. The primary purpose, of course, is to make even distribution of trusts to beneficiaries.
Liquidating trusts are organizations made to liquidate assets transferred for distribution to the beneficiaries. These are effective in winding down businesses included in a Chapter 11 case, and enterprises that dissolve outside of bankruptcy. In sum, may it be a product of a bankruptcy plan or not, there are factors that must be considered in liquidating trusts. In addition, because of the increasing frequency, certain aspects may not be given emphasis and due attention in an imminent Chapter 11 case, resulting to issues in post-confirmation of the plan.
The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of significant liquidating trusts and post confirmation issues in bankruptcies. In this two-hour live Webcast, a panel of distinguished professionals and thought leaders will help trusts beneficiaries understand the important aspects of this significant topic. Speakers will also offer best practices in establishing and structuring trusts agreements and bankruptcy disclosures to aid in a better establishment of trusts.
This one-hour webcast will discuss the following key provisions:
- Definition of Post Confirmation and Liquidation Trusts
- Overview of the Section 1123(b)(3)(B) of the Bankruptcy Code
- Refresher on Chapter 11
- How it is started and how it works
- Structuring Trusts Agreement
- Why are Trusts Necessary?
- Importance of Creating Liquidating Trust
- Significant Post Confirmation Issues
- Effective Date
- Post-Confirmation Jurisdiction
- Post-Confirmation Litigation Vehicles
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group 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 for an event, please visit: http://theknowledgegroup.org/
For further details, please visit: http://www.theknowledgegroup.org/significant-liquidating-trusts-post-confirmation-issues-in-bankruptcies-in-2017-live-webcast/
About Ronald R. Peterson
Mr. Peterson concentrates his practice in the areas of commercial, insolvency and bankruptcy law. He is the Vice President of the National Association of Bankruptcy Trustees and a fellow of the American College of Bankruptcy.
Mr. Peterson has been a member of the panel of Chapter 7 Trustees for the Northern District of Illinois, Eastern Division, since 1987. He has presided over numerous complex commercial cases, including Stotler & Co., the country’s 10th largest commodities house, and Lancelot Investment, a $1.7 billion Ponzi scheme. Mr. Peterson has also served as examiner in Robert Lund, a large real estate developer and is the Chairman of the Creditors’ Committee in Thomas J. Petters, a $3.5 billion Ponzi scheme. Mr. Peterson is a member of the American Bankruptcy Institute, Commercial Law League of America and the Business Bankruptcy Committee of the Business Law Section and the Bankruptcy Litigation Committee of the Litigation Section of the American Bar Association. He is a Director of the National Association of Bankruptcy Trustees and is also a member of INSOL (International Association of Restructuring, Insolvency & Bankruptcy Professionals).
About Jenner & Block LLP
Jenner & Block is a law firm with global reach, with more than 500 lawyers and offices in Chicago, London, Los Angeles, New York and Washington, DC. The firm is known for its prominent and successful litigation practice and experience handling sophisticated and high-profile corporate transactions. Firm clients include Fortune 100 companies, large privately held corporations, financial services institutions, emerging companies and venture capital and private equity investors. In 2016, The American Lawyer named Jenner & Block to the A-List, which recognizes the top 20 US law firms. The American Lawyer also recognized the firm as the #1 pro bono firm in the United States six of the past nine years; the firm has been ranked among the top 10 in this category every year since 1990.
Abstract
Post-confirmation liquidation and litigation trusts prove to be effective tools in working out certain issues in a Chapter 11 Case. Section 1123(b)(3)(B) of the Bankruptcy Code authorizes the creation of such trusts, given that there had been a well-devised reorganization plan that clearly identifies the claims and interests of both parties. The primary purpose, of course, is to make even distribution of trusts to beneficiaries.
Liquidating trusts are organizations made to liquidate assets transferred for distribution to the beneficiaries. These are effective in winding down businesses included in a Chapter 11 case, and enterprises that dissolve outside of bankruptcy. In sum, may it be a product of a bankruptcy plan or not, there are factors that must be considered in liquidating trusts. In addition, because of the increasing frequency, certain aspects may not be given emphasis and due attention in an imminent Chapter 11 case, resulting to issues in post-confirmation of the plan.
The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of significant liquidating trusts and post confirmation issues in bankruptcies. In this two-hour live Webcast, a panel of distinguished professionals and thought leaders will help trusts beneficiaries understand the important aspects of this significant topic. Speakers will also offer best practices in establishing and structuring trusts agreements and bankruptcy disclosures to aid in a better establishment of trusts.
This one-hour webcast will discuss the following key provisions:
- Definition of Post Confirmation and Liquidation Trusts
- Overview of the Section 1123(b)(3)(B) of the Bankruptcy Code
- Refresher on Chapter 11
- How it is started and how it works
- Structuring Trusts Agreement
- Why are Trusts Necessary?
- Importance of Creating Liquidating Trust
- Significant Post Confirmation Issues
- Effective Date
- Post-Confirmation Jurisdiction
- Post-Confirmation Litigation Vehicles
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group 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 for an event, please visit: http://theknowledgegroup.org/
Contact
The Knowledge Group
Thomas LaPointe, Jr., Executive Director
646-844-0200
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
646-844-0200
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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