Finance and Banking

The bankruptcy process requires the management of the bankruptcy estate’s bank accounts, client accounts and business records, in addition to the management and processing of claims, claim distributions, adequate assurance deposit accounts, asset recovery, and many other financial and legal demands. Each one of these is a point of business email compromise (BEC) vulnerability. BEC attacks are the most costly form of cyberfraud for all businesses. This session will focus on best practices to use to protect your clients and yourself from this pervasive fraud.

This panel will present a lively debate addressing current trends in DIP financing. Who are (and are not) DIP lenders these days? What opportunities and challenges arising from the amortization of Main Street lending programs should practitioners be aware of? How is DIP financing being used to buttress liability-management transactions? How big should a DIP loan be, and what issues arise in corporate governance when a company seeks a DIP? When do DIP protections go too far?

This panel will address recent trends in private credit restructuring.

This panel will discuss the impact of today’s persistently higher-interest-rate environment from several perspectives, including valuation, operational free cash flow and financial flexibility, private equity and M&A transaction activity, and liability management (LME) and restructuring transaction opportunities.

This panel will dive into the intersection of cryptocurrency and bankruptcy by reviewing notable cryptocurrency case decisions, including Celsius Network LLC. The panelists also will explore issues concerning fraudulent transfer litigation in cryptocurrency cases, and the recovery of crypto assets in matters involving fraud and international asset recovery.