NO CLE - Great Debates!

Resolved: The absolute priority rule should be eliminated in multi-debtor cases.
Pro: Hon. James M. Peck (ret.)
Morrison & Foerster LLP; New York
Con:Hon. Mary F. Walrath
U.S. Bankruptcy Court (D. Del.); Wilmington

Resolved: The provisions in 11 U.S.C. § 363 prime and take precedence over the rights that 11 U.S.C. § 365(h) grants to lessees, so accordingly trustees/debtors in possession can sell real estate free and clear of any lease rights a tenant might have in the sold real estate.
Pro: Carren B. Shulman
Sheppard, Mullin, Richter & Hampton LLP; New York
Con: Paul S. Singerman
Berger Singerman, LLP; Miami

Resolved: Creating mandatory claim mediation in mega-cases for all creditors should not be permitted as an unnecessary and inappropriate cost on smaller creditors.
Pro: Brian L. Shaw
Shaw Fishman Glantz & Towbin LLC; Chicago
Con: Jay M. Goffman
Skadden, Arps, Slate, Meagher & Flom LLP; New York

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