LAW 700: Corporate Restructuring Short Course
This course focuses on the legal, business, and litigation issues that a corporation confronts when it encounters financial distress. Preliminarily, the course will address issues regarding the pre-bankruptcy fiduciary obligations of the corporation’s board of directors and management. The main focus of the seminar will, however, be the legal financial and litigation obstacles faced by a corporation during a Chapter 11 case in which the parties in interest dispute whether the corporation should be sold or emerge as a reorganized entity. The course will draw upon actual pleadings and case studies to illustrate the legal issues raised by such a dispute and the litigation strategy employed by the primary parties. Some of the areas covered will be “first-day papers,“ debtor in possession financing, bidding procedures, asset sales, assumption and rejection of executory contracts and confirmation of reorganization plans. Corporations or Corporations and Business Entities would be helpful. [1]
Pre or Corequisite: Bankruptcy.