Small Business Bankruptcy: Subchapter V of Chapter 11

The new Subchapter V of Chapter 11 poses unique challenges. Get expert coaching as 14 experienced Michigan bankruptcy judges, trustees, and lawyers take you through actual cases.


WHY YOU NEED IT

These are tough times for small businesses. Bankruptcy might be the best option. The new Subchapter V of Chapter 11 makes small business bankruptcy reorganization more streamlined and accessible—but also poses unique challenges. No matter your experience level with bankruptcies, our online training is the most convenient way to get up to speed so you can help clients during this difficult and fast-moving time.

Follow 14 experienced Michigan bankruptcy judges, trustees, and lawyers as they take you through actual cases. Hear strategies from lawyers representing both debtors and creditors. See the entire process firsthand, from prefiling considerations to implementing the reorganization plan.

WHAT YOU WILL LEARN TO DO
  • Confidently present all viable options—including an out-of-court resolution
  • Handle intense emotions from distressed clients
  • Properly prepare before filing and minimize major business disruptions
  • Incorporate advice from judges into your case strategy
  • Minimize expenses and risks involved with first-day motions
  • Effectively negotiate with creditors to obtain a consensual plan
  • Implement creative plan drafting to achieve your client’s goals
  • Work with the appointed case trustee toward plan confirmation
LESSONS
  • Prefiling Considerations

    Identify your client’s goals. Gather information on business operations and consider alternatives.

    Evaluate a Small Business Debtor’s Options

  • Subchapter V Litigation

    Ensure the petition and schedules are correct and complete. Negotiate with creditors and outline the plan.

    File the Petition and Schedules

    Litigate First-Day Motions

    Navigate the Case

  • Reorganization Plan

    Work with financial experts and the trustee. File the plan within 90 days of the petition date.

    Develop, Negotiate, and File the Reorganization Plan

    Litigate and Implement the Reorganization Plan

CERTIFICATE DETAILS

FORMAT

Entirely Online

LEARN FROM

14 Experts

HOURS TO COMPLETE

9–12

SUBSCRIPTION

One Year

FEE

General: $395
ICLE Partner: $295

FAQs

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Learn from 14 Experts including:
Richardo I. Kilpatrick

is a nationally known authority on bankruptcy law and serves as a Subchapter V case trustee. He explains the importance of the model reorganization plan from the trustee’s point of view.

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Kimberly Ross Clayson

is on her firm’s leadership team and serves as a Subchapter V case trustee. She discusses how the trustee helps lawyers navigate their Subchapter V cases.

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Stuart A. Gold

is a shareholder in his firm and a frequent lecturer on bankruptcy law. He guides you through drafting the petition and initial schedules and offers insight into navigating the case.

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CERTIFICATE DETAILS

FORMAT

Entirely Online

LEARN FROM

14 Experts

HOURS TO COMPLETE

9–12

SUBSCRIPTION

One Year

FEE

General: $395
ICLE Partner: $295

FAQs

BUY NOW

Buy the Online Certificate Now

Select Fee Category

General $395
ICLE Partner $295


Prices guaranteed until 06/30/21. Available for individual purchase only. Full payment is due at sign-up and is nonrefundable and nontransferable. You have the option to renew your subscription at a discounted renewal price. All online certificates are governed by a subscriber agreement. One-year subscriber agreement: www.icle.org/onlinecertagree.