Skip to main content
California Lawyers Association Logo
Visit cla Website
Browse by
Delivery Type browse by
  • Calendar

  • CLEtoGo (Podcasts) (2077)
  • Webcast (4)
  • Zoom Webinar (15)
  • OnDemand (2186)
  • Self Study Articles (137)
     
Hello, Guest
Sign in Browse By
  • Sign In
    New Customer? Start Here

  • Frequently Asked Questions
0
Cart
loading...
Event Date Search
  
Postal Code Search
   
Speaker Search
Credits Search
  • Home
  • »
  • Business Law 
  • »
  • Product Details
You must select a location to proceed.
Yes
No
There was a problem adding this course to your account. Please try again in a few minutes. If the problem persists, you can contact our support department at (877) 880-1335.
Adding Registration Loading Image Adding Registration, Please wait...
You must be logged in to perform this action.
Log in
Cancel
OnDemand

Letting Go Can Be Hard to Do – the Current State of Non-Consensual Third Party Releases in Chapter 11 Cases


Business Law Section
Credit(s): 1.25 Legal Specialization in Bankruptcy Law
1.25 Participatory MCLE Credits
Course Number: BL_06-22-22
Original Program Date: June 22, 0222
Duration: 1 hour 12 minutes
Access: Available for 3 months after Registration
Passport: This product is Passport Eligible 
  • Facebook
  • LinkedIn
  • X
  • E-Mail
    • Description
    • Sessions
    • Credits
    • Faculty
    • Materials
    • Reviews
    • Dates and Locations
    rating
    (1)
    Read Reviews
    Category: Business Law
    Category: Business Law (show less)
    Non-consensual third-party releases in Chapter 11 plans (in which parties that have not filed bankruptcy nevertheless benefit from broad release provisions that are included in the Chapter 11 plans) have been a controversial topic in business bankruptcy cases for many years.  

    Some courts, such as the Ninth Circuit, have previously held that such releases are impermissible. Others, such as the Second and Third Circuits, have permitted them in various circumstances.

    There has been a bevy of recent decisions on this topic (as well as on exculpation clauses) recently. These include the blockbuster Purdue Pharma case in New York (which held that there is no statutory basis for non-consensual third party releases) to the Ninth Circuit’s Blixseth case (which held that Section 524(e) of the Bankruptcy Code did not bar a narrow exculpation clause).

    Among the cases we will discuss are In re Purdue Pharma, L.P. (S.D.N.Y.), In re Mahwah Bergen Retail Group, Inc. (f/k/a Ascena Retail Group, Inc.) (E.D. Va.), Blixeth v. Credit Suisse (9th Circuit), and In re Astria Health (Bankr. E.D. Wash.).
    1.25 Legal Specialization in Bankruptcy Law  

    1.25 Participatory MCLE Credits

    Customers Who Bought This Item Also Bought

    Screen Cap
    (OnDemand)
    Cell Phone Forensics in Litigation
    Screen Cap
    (OnDemand)
    Ethical Issues in Working with Pro Bono Clients
    Screen Cap
    (CLEtoGo (Podcasts))
    Understanding Bankruptcy for Divorce Professionals
    Screen Cap
    (CLEtoGo (Podcasts))
    Considerations in Winding Up a Small Business
    Screen Cap
    (OnDemand)
    Insurance and Covid19: An Update for Franchisees, Franchisors and Other Businesses
    Screen Cap
    (OnDemand)
    5 Positive Psychology Activities to Cultivate Resilience & Preserve Mental Health During the Pandemic
    Screen Cap
    (CLEtoGo (Podcasts))
    Subordination and Recharacterization of Claims in Bankruptcy
    Screen Cap
    (OnDemand)
    The world has changed. Let’s sort it out
    Screen Cap
    (OnDemand)
    2021 Solo & Small Firm Summit: Make Better Decisions: Understanding Implicit Bias, Micro-messaging & De-Biasing Strategies
    Screen Cap
    (OnDemand)
    Best Practices for Successful Client Relations
    Screen Cap
    (CLEtoGo (Podcasts))
    Building Persuasive Damages Models for Business Cases and Related Contract Drafting Tips
    Screen Cap
    (OnDemand)
    Default Interest Considerations in Bankruptcy
    Screen Cap
    (OnDemand)
    Cell Phone Forensics in Litigation
    Screen Cap
    (OnDemand)
    Ethical Issues in Working with Pro Bono Clients
    Screen Cap
    (CLEtoGo (Podcasts))
    Understanding Bankruptcy for Divorce Professionals
    Screen Cap
    (CLEtoGo (Podcasts))
    Considerations in Winding Up a Small Business
    Screen Cap
    (OnDemand)
    Insurance and Covid19: An Update for Franchisees, Franchisors and Other Businesses
    Screen Cap
    (OnDemand)
    5 Positive Psychology Activities to Cultivate Resilience & Preserve Mental Health During the Pandemic
    Screen Cap
    (CLEtoGo (Podcasts))
    Subordination and Recharacterization of Claims in Bankruptcy
    Screen Cap
    (OnDemand)
    The world has changed. Let’s sort it out
    1
    2
    3
    PrevNext
    Stop

    Purchase Options

    Add to CartOnDemand
    Non-Member Price
    $81.25
       
    Member Price
    $56.25
    We are committed to accessibility! All OnDemand programs after January 1, 2022 include closed captioning. To request closed captioning for a program older than January 1, 2022, send us a note at accessibility@calawyers.org or contact us at 916-516-1760 for assistance.
    Have a Question?
    See our FAQ's
    Privacy Policy
    Contact us at (877) 880-1335
    Email Us

    CCPA & GDPR