Joseph L. Schwartz, Chair of the Firm’s Bankruptcy and Corporate Restructuring Group, will be a featured speaker at the American Bankruptcy Institute’s Mid-Atlantic Virtual Bankruptcy Workshop online conference on August 6, 2021. Joe will be speaking at the 9:00 AM panel titled “The Increasing Use of Chapter 11 to Resolve Sexual Abuse Scandals.” The panel will focus on issues that arise at the crossroads of sexual abuse claims and chapter 11, including the tension caused by using a financial reorganization tool to resolve highly emotional personal-injury claims, the stresses that these cases place on the Bankruptcy Code (including the uniqueness of claims bar dates in cases of this sort, nonprofit debtors and the absolute priority rule, and the propriety of third-party releases), and the use of mediation to globally resolve these cases. See ABI Mid-Atlantic Bankruptcy Workshop for more information.
