gradient circle (purple) gradient circle (green)

Business Bankruptcy Basics Part I: The Filing – Strategies and Considerations

Business Bankruptcy Basics Part I: The Filing – Strategies and Considerations


In this program, bankruptcy panelists will explain the basics of corporate reorganizations and liquidations. This program is intended to provide junior bankruptcy practitioners and non-bankruptcy practitioners with an overview of the fundamentals of business bankruptcy. Topics covered during Day 1 include an overview of Chapters 7 and 11; bankruptcy planning and case filing, initial pleadings, first day and second day orders, and post-filing obligations.


  • Overview of Chapter 7, 11, Involuntary, SBRA
  • Entry v. Exit
  • Goals, Objectives of Reorganization v. Liquidation

First Day Motions and Automatic Stay

  • Overview of the Automatic Stay, Exceptions, and Application to Third Parties
  • First Day Motions – Interim vs. Final Orders
  • First Day Declaration
  • Common First Day Motions: Lease Rejection Motion, Critical Vendors, Cash Collateral, Lease Assumption, Joint Administration, Retention, Cash Management, Prepetition Wages, Tax, Insurance, Utilities, Customer Obligations

Case Administration

  • Overview of Bankruptcy Schedules and SOFA
  • Operating Reports
  • Professional Retention & Compensation
  • Patient Care Ombudsman, Privacy Ombudsman, Sub-V Trustee
  • Committees
  • Appointment of Trustees and Examiners
  • Executory Contracts & Unexpired Leases
  • IDI, 341 Meetings


Mark B. Brenner, Esq., Gallet Dreyer & Berkey, LLP

Hon. Lisa G. Beckerman, United States Bankruptcy Court SDNY

George P. Angelich, Esq., Arent Fox, LLP

Eric Huebscher, Huebscher & Co. Professionals

William K. Harrington, United States Trustee Regions 1 and 2

Section Member Price: Free Join (or renew) for special member pricing
Non-Member Price: $100.00
Published Date:
  • June 25, 2021
  • Online On-Demand
Product Code:
  • VKW61
Areas Of Professional Practice Credit(s):
  • 1.0
Total Credit(s):
  • 1.0