Surgent's Corporate Bankruptcy Basics: Understanding the Reorganization and Liquidation Process

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Location: Online

1Credits

Technical Business

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~~$49.00 Regular Price~~

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$64.00 Regular Price

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Product Code: SU24-CRB1-SSWC

Level: Basic

Vendor: Surgent

Field of Study: Business Law

Overview:

Corporate bankruptcies are complex proceedings involving multiple parties. Businesses file for bankruptcy to seek protection from creditors and to reorganize or liquidate debts. There are several reasons companies file for bankruptcy; however, the most common include excessive debt, a drop in demand, increased costs, lawsuits, and poor accounting practices. As trusted advisors, accounting and financial professionals should have a basic understanding of the bankruptcy process. This course provides an overview of corporate bankruptcy proceedings. Participants in this webinar will gain an understanding of how corporate bankruptcy proceedings begin and end, as well as learn about key issues that affect debtor and creditor rights during bankruptcy. This webinar provides information from the perspective of both debtor and creditor. Although bankruptcy concerns the debts of the debtor, the Bankruptcy Code provides substantial protections to creditors. Creditor rights, however, vary widely depending on the status afforded the creditor under the Bankruptcy Code. Do yourself, your clients, and your profit margin a favor, and sign up for this invaluable webinar.

Objectives:

Understand the difference between Chapter 7 and 11 bankruptcy proceedings
Advise clients regarding the proof of claim process
Identify issues important to corporate creditors during the bankruptcy process
Understand the role of the automatic stay injunction

Major Topics:

Commencement of a corporate bankruptcy proceeding
Protections provided to Chapter 11 and 7 debtors under the Bankruptcy Code
Key procedural aspects of bankruptcy
The automatic stay
Differences between Chapters 7 and 11 bankruptcy cases
How a debtor liquidates under Chapter 7
Proofs of claim
Chapter 11 plans of reorganization
Litigation that can arise during bankruptcy
Creditor committees
Bankruptcy trustees
Avoidable preferences and fraudulent transfers
Special rights afforded to landlords and secured creditors

Designed For:

Professionals seeking to understand the basic components of bankruptcy proceedings

Prerequisite:

None

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.