Municipal Bankruptcy

NO CLE - Judicial and Legislative Responses to Puerto Rico’s Struggle to Allocate Scarce Financial Resources Between Bond Debt and Governmental Services

Puerto Rico is burdened by over $70 billion in debt, as well as approximately $35 billion in pension underfunding. Once the U.S. House of Representatives passed H.R. 5278, the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA), in early June and the Senate passed it on June 29, 2016, President Obama signed the bill immediately — and just in time to address a $1.9 billion payment that was due on July 1, 2016. PROMESA offers relief to Puerto Rico, its municipalities and municipal agencies following a 10-year economic recession.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Chapter 9: Coming to a City Near You?

As the financial health of many of our municipalities continues to deteriorate, this very timely discussion, with experts experienced in the largest cases, will provide the pros and cons of a chapter 9 filing.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - How Can Puerto Rico Restructure Its Debt Obligations and Return Its Economy to Growth?

The panel will discuss how Puerto Rico can implement economic growth and fiscal stability measures and right-size its debt obligations, and the legal, political and financial tools that can be used to achieve an optimal outcome for Puerto Rico and its people, businesses and creditors.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Detroit Then And Puerto Rico Now: The Similarities and the Differences

The stakeholders in the Puerto Rico debt crisis – the bondholders, the pension creditors, the residents and the politicians - can learn much from the Detroit bankruptcy case. Based on his judicial experience with the Detroit bankruptcy case and his recent work with Puerto Rico, Judge Rhodes will address those lessons and the shared sacrifices that will be required from everyone to give the island a fresh start.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Valuation in Municipal Restructurings: Constitutional, Legal and Practical Issues

The Tenth Amendment has been construed to require that a municipality in bankruptcy must maintain control over its assets and revenues, but the Bankruptcy Code requires that the municipality establish that its plan of adjustment is in the best interests of creditors and is feasible. This program will address that conflict and a range of other issues relating to valuation that arise in municipal restructuring cases, including valuing assets such as tax revenues streams, as well as such obligations as bond, pension and health care.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Hot Topics in Bankruptcy

This panel will discuss current hot topics in bankruptcy cases, including bankruptcy law developments in entertainment cases, nonprofit education cases, municipalities and other chapter 9 cases, and many more.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Comprehending the Crisis: A Survey of Puerto Rico’s History and Fiscal Situation, and Paths Forward

The panel will discuss Puerto Rico’s present economic condition/situation, the sequence of events that have led to PR’s present economic crisis, what should/can be done to restructure PR’s debt, whether chapter 9 is an appropriate tool to restructure PR’s debt or a solution to its economic condition, and the legal issues that PR is likely to confront in light of its economic crisis.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - The Next Big Thing in Restructuring

This panel will present a roundtable discussion.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Keynote Luncheon: A Conversation with Hon. Steven W. Rhodes

NO CLE Credit Available - Free Session.

Join in a dialogue led by former ABI Presidents:
Richardo I. Kilpatrick
Kilpatrick & Associates, PC; Auburn Hills, Mich.
Melissa Kibler Knoll
Mesirow Financial Consulting, LLC; Chicago
Michael P. Richman
Hunton & Williams LLP; New York

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

NO CLE - Panic in Detroit – Chapter 9 Bankruptcy Process from Soup to Nuts

This panel of Chapter 9 specialists will discuss the Chapter 9 bankruptcy process including eligibility under Chapter 9, the authority of the bankruptcy court, powers of the municipal debtor, the role of creditors, the automatic stay, issues peculiar to certain types of Chapter 9 debtors such as hospitals and cities and the recent developments in chapter 9.

If you are already a member please login to the right. Your audio or video will be available immediately, or otherwise you may Become an ABI Member

Syndicate content