The overwhelming majority of business cases involve small or medium-sized businesses or individuals operating as sole proprietors. Although these cases do not draw the attention of the mega-cases, they also can involve complex and novel legal issues, challenging operational issues, and needs that are not necessarily addressed by the existing Bankruptcy Code. This program is intended to focus greater attention on these issues and needs. Specifically, the program is designed to facilitate a broad and robust dialogue concerning the effectiveness of the Bankruptcy Code for most business debtors, including those individual debtors who may not be good candidates for chapter 11 of the Bankruptcy Code but have no other viable reorganization option under existing law.
The session will involve the presentation of papers focused on different aspects of small- and middle-market business chapter 11 cases, with discussants/panelists providing commentary on the papers, as well as a panel discussion of the issues in, and challenges of, individual chapter 11 cases.
Papers will be published in the American Bankruptcy Institute Law Review.
Business meeting at program conclusion.