A free on-demand webinar from Financial Poise.
Webinar Overview
A Chapter 11 plan, if you believe what law schools teach and what most written literature states, is the ultimate goal of every Chapter 11 case. While this is not necessarily true anymore, as many Chapter 11 cases achieve important results without a plan ever being confirmed (or even being proposed), confirming a Chapter 11 plan (whether a plan of reorganization or a plan of liquidation) does remain a goal that nearly every Chapter 11 debtor (and many other parties in interest in a case) wants to achieve if possible under the circumstances.
Understanding the nuts and bolts of a Chapter 11 plan is essential to understanding Chapter 11 as a whole. Concepts that permeate any Chapter 11 bankruptcy case (to name just a few: the Bankruptcy Code’s priority scheme, proofs of claim, the concepts of claim allowance, and claim reconciliation) cannot be fully understood without reference to the crucible that is a Chapter 11 plan.
This webinar takes the audience through the basic elements of a Chapter 11 plan, how a plan proponent (usually but not always the debtor) seeks to confirm a plan, and how objectors can try to defeat confirmation.
Learning Objectives:
- Understand the significance of a Chapter 11 plan:
- Explore why confirming a Chapter 11 plan is often viewed as the ultimate goal in bankruptcy cases
- Recognize alternative outcomes in Chapter 11 cases that may not involve plan confirmation
- Comprehend the basic elements of a Chapter 11 plan:
- Identify the key components and structure of a Chapter 11 plan
- Differentiate between plans of reorganization and plans of liquidation
- Learn the process of plan confirmation:
- Examine how a plan proponent, typically the debtor, seeks to confirm a plan
- Understand the legal and procedural requirements for plan confirmation
- Explore the role of objectors in the confirmation process: Discover the strategies and arguments used by objectors to challenge or defeat the plan confirmation
- Connect Chapter 11 plans to broader bankruptcy concepts: Analyze how the priority scheme of the Bankruptcy Code, proofs of claim, claim allowance, and claim reconciliation relate to the development and confirmation of Chapter 11 plans
- Gain practical insights into Chapter 11 cases: Enhance understanding of the dynamics between debtors, creditors, and other stakeholders during the plan negotiation and confirmation process
Download the PowerPoint Slides (PDF)
Other Webinars in this Series
- Currently, there are no other webinars in this series.