Administrative Expense Claims

Many bankrupt businesses need financial assistance to pay their administrative expenses and creditors and to help them survive bankruptcy. The employee retention credit (ERC) is one way to solve this problem. This session will cover the basics of the ERC program, how your clients can qualify for and benefit from the ERC, and some common ERC pitfalls to avoid. The presentation will include a Q&A period.

This panel will discuss some key issues under § 503 of the Bankruptcy Code, including substantial contribution claims (§ 503(b)(3)(D)), § 503(b)(9) claims for goods received by a debtor within 20 days of the petition date, and insider incentive payments under § 503(c).

This panel will discuss what happens when an estate is administratively insolvent, when principals/owners can be liable, reclamation claims and permit-blocking issues, when you can abandon, why secured creditors won’t foreclose, nonprofits’/foundations’ role in clean-ups, and brownfield development. The panelists will then focus on the impact of the Trump administration on these issues, as well as various regulators’ roles (such as the EPA and state regulators).

Municipalities and local government agencies have been forced to slash budgets during the recession. What can these entities do to restructure? Issues to be discussed include the reasons for municipal restructurings, eligible entities, restructuring options, state law remedies, and pension and legacy liabilities.