Arizona

In 2005, Congress enacted sweeping changes in the Bankruptcy Code in a law commonly known as BAPCPA (bap-SEE-puh).  Most insolvency professionals recognize BAPCPA’s changes to consumer bankruptcy, such as the means test, modifications to the discharge exceptions and new limits on homestead exemptions.  But BAPCPA affected business bankruptcy too, making chapter 12 permanent and creating the notion of a “small business case” in chapter 11. As BAPCPA turns 20, this panel reflects on its past two decades: what worked, what didn’t, and what might come next.

This session explores the issues and implications of managing bankruptcy cases when key assumptions and expectations fail to materialize, and the exit path is no longer available. What happens then?

This session is designed to equip bankruptcy professionals with a foundational understanding of auction theory, enabling them to navigate asset sales more strategically and effectively. By exploring different auction formats, bidder behavior and key economic principles, participants gain insights into how auction structures impact outcomes in bankruptcy cases. The ultimate goal is to empower professionals to make informed decisions when advising clients, structuring auctions, and maximizing value for creditors.

This panel provides an overview of commercial mortgage-backed securities (CMBS) financing and the role of special servicers in a distressed context. The panelists also provide recent insights into the CMBS market and practitioner trends from the panelists’ viewpoints.

This panel explores investors' perspectives on acquiring distressed commercial real estate in today's volatile market. The panelists delve into such key challenges as interest rate fluctuations, limited debt availability, economic uncertainty, oversupply and rising material costs. Gain insights from industry experts actively transacting in the current market, and discover their outlooks on the future of distressed real estate.