NO CLE - 18th Annual Great Debates

Past Presidents’ Debate:

Michael P.
Richman Hunton & Williams LLP; New York
Deborah D. Williamson
Cox Smith Matthews Incorporated; San Antonio

Resolved: Secured creditors should be required to fund the payment of all administrative claims and make a distribution to general unsecured creditors as a condition of cleansing substantially all of the debtors’ assets through a § 363 sale process.

Judicial Debate:

Hon. Kevin J. Carey
U.S. Bankruptcy Court (D. Del.); Wilmington
Hon. Frank J. Santoro
U.S. Bankruptcy Court (E.D. Va.); Norfolk

Resolved: A claim is not impaired for purposes of § 1129(a)(10) if the alteration of the rights in question arises solely from the debtor’s exercise of discretion, because § 1129(a)(10) recognizes impairment only to the extent that it is driven by economic need.

Consumer Debate:

John Rao
National Consumer Law Center; Boston
Brett Weiss
Chung & Press, PC; Greenbelt, Md.

Resolved: The Bankruptcy Rules and Forms should require that a national chapter 13 official plan form be used in all cases.