Business

We often forget that what we say and how we say it can signal more than we intended. One of the primary ways in which "what we say"/"how we say it" creates such signals is with the wording of time entries, whether or not those time entries are ever reviewed by a bankruptcy court. Clients read bills, too, so if one wants to communicate that their work was valuable and efficiently performed, the fable of Goldilocks comes to mind: The time entries need to be "just right." When they're not, clients and courts can draw conclusions that we never intended them to draw.

This panel will focus on Congress’s new foray into streamlining small business reorganizations under the Small Business Reorganization Act of 2019, as amended by the CARES Act of 2020. The panelists will examine similarities and differences between subchapter V and traditional chapter 11 reorganization, debtor eligibility, and the role of the newly created position of subchapter V trustee. The panelists will then examine early decisions on these issues from bankruptcy courts around the country.

While there can be no doubt under our current system of jurisprudence that lower courts are bound by the published decisions of appellate courts, the question remains: What can a trial court do with broad pronouncements found in an appellate decision based on limited or dissimilar facts? Judge Michael will discuss the dilemma of interpreting and using appellate precedent.

This panel will provide insights into effective communication practices for cross-border dealings.

Presented by the American Bankruptcy Institute

The COVID-19 pandemic has plunged the global aviation industry into its deepest crisis ever, with no recovery in sight. What happens next? This panel will look into what's happened so far and what to expect in the year(s) to come.