Attorneys and Advisors for All of Us: Representation of Directors and Managers in the Sale of Debtor Assets

Hosted by the Asset Sales and the Financial Advisors & Investment Banking Committees

This panel will focus their discussion on the need for disinterested independent directors to employ their own counsel/FAs/IBs in connection with the sale of assets. The main topic will be based on the facts in the Toys “R” Us case, where six groups of independent managers and directors have their own separate counsel and advisors. The panelists believe that similar facts exist in other recent cases, and more cases will reflect this in the future. The panel will discuss such topics as the need for this type of representation, the costs associated and how such costs are accounted for in the case, and what other legal and ethical implications all of this can have on the sale of a debtor’s assets.

Price: $50.00
SKU: 194229
60 mins
Robert M. Fishman Fox Rothschild LLP; Chicago Hon. Barbara J. Houser U.S. Bankruptcy Court (N.D. Tex.); Dallas Harvey L. Tepner Independent Corporate Director; New York Aparna V. Yenamandra Kirkland & Ellis LLP; New York