Celesq® Attorneys Ed Center

Distress, Restructuring and the Pandemic: The Winners and Losers

Program Number: 3173

Program Date: 03/25/2021

Description

During 2020, the U.S. economy, weighed-down by record levels of unemployment and the largest drop in quarterly gross domestic product, experienced the highest volume of bankruptcy activity since the 2008 financial crisis. As the economy tries to shake-off the effects of the pandemic, some businesses are burdened by too much debt while others face uncertain demand for their goods or services. This seminar will discuss the factors that will determine which businesses will be able to reorganize and which will not. The program will also focus on industries that will experience significant continued stress in 2021.

$95.00Audio Tape Add to Cart

Available in states

California, Colorado Eligible, Florida, Georgia, New Jersey Eligible, New York, Texas Self Study

Credit Information

50 minute credit hour - 1.00 General CLE credit
60 minute credit hour - 1.00 General CLE credit

State Program Numbers

Presenters


Keith M. Aurzada, Esq.

Reed Smith LLP

Keith Aurzada works with his clients to solve complex business problems, through tough negotiating and litigation where necessary. He advises public and private corporations, boards of directors, and management teams regarding matters most important to their business. Keith brings a unique balance of legal acumen and practical business focus to each representation. His industry experience includes representing companies involved in the technology industry, health care, real estate, retail, manufacturing, health spas, restaurants, and oil and gas.

Keith has served as a court-appointed receiver in the Texas state and federal courts. In doing so, he has gained practical experience making the types of decisions that face C-level executives and business owners. This allows Keith to bring a level of insight to his representations that his clients appreciate and rely upon, especially when faced with issues that are mission critical. Keith regularly assists clients on matters involving significant corporate transactions, the preservation of intellectual property, civil litigation, and the restructuring of indebtedness (both in and out of court, including bankruptcy where necessary).

Keith has assisted his clients with numerous employment concerns relating to discrimination in both the administrative regulatory context and in court. He has also assisted his clients in other labor matters, including non-competition agreements and the protection of trade secrets.

Keith lectures frequently on a variety of topics before bar associations and professional organizations. He also recently served as an adjunct professor of law at the University of Wyoming.

 

Aaron Javian, Esq.

Reed Smith LLP

Aaron Javian is a Partner in Reed Smith’s Financial Industry Group. Aaron advises creditors, debtors, new money investors (including hedge funds), administrators and liquidators on all aspects of domestic and cross-border in-court and out-of-court financial restructurings, with particular expertise in Chapter 11 and Chapter 15 proceedings and special insolvency regimes applicable to financial institutions. Aaron also advises on bankruptcy issues affecting a broad range of complex transactions, including M&A, structured finance and derivative transactions in the commodities and securities space.

 

Michael Venditto, Esq.

Reed Smith LLP

Michael Venditto is a member of the Reed Smith’s Commercial Restructuring and Bankruptcy practice, representing foreign and domestic clients in business restructurings, workouts, insolvencies and bankruptcy proceedings. He also has substantial experience in complex commercial litigation, including bankruptcy-related litigation involving issues such as fraudulent transfers, preferences and equitable subordination.

Most commonly, Michael represents creditors, including indenture trustees, in protecting their rights in both bankruptcy cases and out-of-court restructurings. Working with foreign and domestic clients, he has experience in a variety of industries, including financial services, energy, shipping, telecommunications, real estate, hospitality, retailing, manufacturing, food processing and entertainment.

Michael also works with funds and investors in acquiring assets from bankruptcy estates, reorganizing portfolio holdings and funding bankruptcy cases. This includes the reorganization, restructuring and liquidation of funds through bankruptcy, equity receiverships and extra-judicial insolvencies.

Michael’s practice includes complex bankruptcy litigation. Many of these cases involve non-bankruptcy issues in the areas of commercial, corporate and securities law but more frequently they involve a combination of bankruptcy-related issues such as preferences, fraudulent transfers, turnover, reclamation and setoffs.

Michael taught bankruptcy law as an Adjunct Associate Professor of Law at the Benjamin Cardozo School of Law for ten years and his observations on bankruptcy issues have appeared in the media, including THE NEW YORK TIMES and THE WASHINGTON POST.

 

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