The Nuts & Bolts of a Lift Stay Motion

Most businesses of any meaningful size in the United States have a line of credit or term loan with a bank or other lender that is secured by a lien on substantially all of the assets of that business. One of the strongest tools in a secured lender’s toolbox is the ability to ask the bankruptcy court to lift or modify the automatic stay to allow the secured lender to get to its collateral. Needless to say, the debtor will often oppose the lender’s request. This is just one of many aspects of litigation surrounding the automatic stay. The bankruptcy code provides for specific circumstances under which relief from the stay is permitted, and litigation over whether the requisite conditions exist is common. This webinar discusses the scope of the automatic stay and the procedure and grounds for seeking relief.

View PowerPoint Slides • View All Webinars in The Nuts & Bolts Of Bankruptcy Law 2022

Webinar Faculty

Moderator:

Joshua Gadharf

Josh is a member in the Business and Business Restructuring Services Departments and counsels clients on strategic alternatives in both distressed and non-distressed settings. He regularly represents public and private… Read More

Panelists:

David Warfield

David is a 30-year veteran of the financial restructuring world who provides practical, straight-forward advice to all types of institutions that interact with a distressed business. As the lead attorney… Read More

Edward Schnitzer

Edward L. Schnitzer is Chair of Montgomery McCracken’s Bankruptcy & Financial Restructuring Department and serves as a member of the firm’s Management Committee. He represents creditor committees, creditors, litigation trustees,… Read More

James Sullivan

James Sullivan's primary practice focus is corporate restructuring and bankruptcy, distressed situations and complex commercial disputes. He brings a wealth of experience representing creditors' committees, corporate debtors, banks, secured and unsecured creditors,… Read More