Pre-Bankruptcy Planning for the Commercial Reorganization
- Publisher:
- American Bankruptcy Institute
- Publication date:
- 2020-09-28
- ISBN:
- 978-1-944516-54-3
About the Authors
Acknowledgments
Appendix A Hypothetical Chapter 11 Timeline
Appendix B Glossary of Commonly Used Bankruptcy Terms
Foreword
Section 1 For the Ceo Preparation of Management, Key Employees and Exit Strategy
- Section 1 For the CEO Preparation of Management, Key Employees and Exit Strategy
- Section 1.1 Prepare for the Inevitable Personal Attacks
- Section 1.2 Understand the Reorganization Process
- Section 1.3 Meet Your New Business Partners
- Section 1.4 Mental/Attitudinal Adjustments
- Section 1.5 The Infamous "DIP" Mantle
- Section 1.6 Financial/Operational Introspection
- Section 1.7 Life in a Fishbowl
- Section 1.8 Have a Clearly Defined Exit Strategy
- Section 1.9 The Company May Be "in Play"
- Section 1.10 Be Accessible to Your Professional Team and Creditor Constituencies
- Section 1.11 Go to Court Early to Get the "Lay of the Land"
Section 2 For the Cfo/Coo Business-Issues Preparation
Section 3 For the General Counsel Legal-Issues Preparation
- Section 3 For the General Counsel Legal-Issues Preparation
- Section 3.1 Assemble the Professional Team
- Section 3.2 Retainer Issues
- Section 3.3 Where to File: The Venue Issue
- Section 3.4 SEC Issues
- Section 3.5 The Prepackaged Bankruptcy
- Section 3.6 Whom Does Reorganization Counsel Represent?
- Section 3.7 Strategies Regarding Statements and Schedules
- Section 3.8 Choose Your Allies
- Section 3.9 Analysis of Claims
- Section 3.10 Cash-Collateral Negotiations/Imminent Battles
- Section 3.11 "First-Day Orders"
- Section 3.12 Analyze Leverage/Tactic Points
- Section 3.13 Don't Be Oversold on the Product!
- Section 3.14 Analyze Non-Cash-Collateral Financing Needs
- Section 3.15 Anticipate "Achilles Heels"
- Section 3.16 Be Prepared to Choose Your Battles Wisely
Section 2 For the CFO/COO Business-Issues Preparation