Third-Party Releases in Chapter 11 Bankruptcy Cases

Attorneys who represent debtors, creditors, committees and governmental entities in large, complex Chapter 11 cases, or have an interest in learning the origins and current controversy surrounding third-party releases in Chapter 11 cases under applicable circuit law, should attend this program. Attorneys will learn the origins, controversy, and impact surrounding third-party releases in large, complex Chapter 11 cases, as well as how to craft arguments to implement or defeat third-party releases based on current law in each federal circuit. Specifically, attorneys will learn what considerations specific courts look for when authorizing—or denying—third-party releases in Chapter 11 cases. Attorneys will also learn about pending federal legislation and litigation to restrict or limit third-party releases in Chapter 11 cases and the unintended consequences and impact of each.

Lawyers, paralegals, government attorneys, and business leaders who want to learn more about third-party releases will find the information useful in this intermediate program.

 Learning Objectives: 

• Understand the origins of third-party releases. 

• Explore the expansion of section 524(g) and its application outside of asbestos-related Chapter 11 proceedings.

• Interpret persuasive arguments that support or defeat third-party releases.