Webcast: Getting Ready for the Next Cycle: Prepackaged and Prenegotiated Chapter 11 Reorganization Strategies

April 25, 2019

Join a panel of seasoned Gibson Dunn partners for a discussion focusing on prepackaged and prenegotiated Chapter 11 reorganization cases. The webinar will discuss the complex issues that debtors and creditors face in negotiating prepacks and prenegotiated restructuring plans. Our panelists will discuss benefits and risks for both debtors and creditors of prepackaged and prenegotiated plans to accomplish a Chapter 11 reorganization.

This webinar is the second in a series of upcoming webinars on Getting Ready for the Next Cycle. Our Getting Ready for the Next Cycle webinars will cover, among other topics: (a) prepackaged and pre-negotiated bankruptcies; (b) buying and selling financially distressed companies/assets; (c) DIP financing; (d) rights offerings and other methods for financing an exit from Chapter 11; (e) fiduciary duties for boards of financially distressed companies; and (f) European and Asian financings and workouts. Our next webinar in this series is scheduled for May 9, 2019; registration details will be available later this month.

View Slides (PDF)



PANELISTS:

Michael A. Rosenthal is a partner in the New York office of Gibson, Dunn & Crutcher and Co-Chair of Gibson Dunn’s Business Restructuring and Reorganization Practice Group.  Mr. Rosenthal has extensive experience in reorganizing distressed businesses and related corporate reorganization and debt restructuring matters.  He has represented complex, financially distressed companies, both in out-of-court restructurings and in pre-packaged, pre-negotiated and freefall chapter 11 cases, acquirors of distressed assets and investors in distressed businesses.  During the recent financial and credit crisis, Mr. Rosenthal has been active in representing and providing advice to entities regarding their rights and exposure related to difficulties in the financial services sector, including issues related to loan restructurings, spin-offs, derivative products, securitizations and customer account issues.  In addition to debtors, acquirors and investors, Mr. Rosenthal has represented creditors’ committees, secured and unsecured creditors, bondholders and trustees.  He also has substantial experience in advising private equity firms and others on distressed and fulcrum security investing strategies.

Oscar Garza is a partner in Gibson, Dunn & Crutcher’s Orange County and Los Angeles offices, joined the firm in 1990.  He is a member of the Business Restructuring and Reorganization Practice Group (and was a former co-chair of the restructuring group), Transnational Litigation and Latin America Practice Groups. Mr. Garza’s restructuring practice involves representing debtors, creditors’ committees, and secured creditors in chapter 11 cases, advising buyers and sellers of the assets of financially distressed companies, and representing Bankruptcy Trustees in complex cases. Mr. Garza’s transnational litigation practice is currently focused on leading and coordinating the defense against recognition and enforcement of foreign judgments with significant emphasis in defending actions in Latin America.  He is also advising on litigation strategy for multinational corporations involved in litigation within Latin America.


MCLE INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hour, of which 1.0 credit hour may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact Jeanine McKeown (National Training Administrator), at 213-229-7140 or jmckeown@gibsondunn.com to request the MCLE form.

This program has been approved for credit in accordance with the requirements of the Texas State Bar for a maximum of 1.0 credit hour, of which 1.0 credit hour may be applied toward the area of accredited general requirement.

Attorneys seeking Texas credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact Jeanine McKeown (National Training Administrator), at 213-229-7140 or jmckeown@gibsondunn.com to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hour.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast.  No certificate of attendance is required for California “self-study” credit.