The Impaired Insider Paradox and Section 1191(b) Solution

Session Description: 
The session will introduce commercial bankruptcy practitioners to creative solutions in confirming plans that seems unconfirmable under ยง 1129(a)(10). To achieve this goal, the audience will be introduced to the issues surrounding artificial impairment, no voting classes, and insiders strategically abstaining from voting. The audience will then be introduced to the toolbox of section 1191(b) alternative cramdown solutions, which the panelists will explain are surprisingly within the reach of a subgroup of cases until now considered complex.
Learning Outcomes: 
Participants will learn how to recognize scenarios that lend themselves to alternative solutions to confirm nonconsensual plans. Participants will also learn about the advantages and limitations of the use of subchapter V of chapter 11 in what are traditionally considered complex cases.
Target Audience: 
Business
Suggested Speakers: 
Patty
Tomasco
First Name: 
Patty
Last Name: 
Tomasco
Firm: 
Quinn Emanuel Urquhart & Sullivan, LLP