Sharing a Piece of the Pie: Gift Plans, Structured Dismissals and Carve-Outs
Often bankruptcy is the best way for under-secured creditors to
optimize collateral recoveries. But the price for bankruptcy relief is
that secured creditors must share their recoveries with out-of-the money
constituencies. This panel will explore such sharing arrangements in a
variety of contexts–carve outs, gift plans and structured dismissals.
