Beard Audio Conferences

Surge of Deepening Insolvency Claims

Increased Risks for Managers, Advisors and Lenders of Troubled Companies

Location: Your office or conference room (no need to travel!)

Date : Audio CD Available

Time(s):

  -   Eastern Time
  -   Central Time
  -   Mountain Time
  -   Pacific Time
  -   GMT

Hosted By : Beard Group Law and Business Publishers

This conference will include:

The claim of deepening insolvency where officers, directors, lendors, accountants, auditors or other parties are held responsible for wrongfully prolonging the life of a company is growing exponentially in bankruptcy courts.

Currently more than 40 cases at both state and federal levels say the defendants either negligently or fraudulently extended the life of a business, causing damage to creditors or other interest holders.

Is there a legal dividing line between trying to save a troubled company versus making the situation worse? Could the claim of deepening insolvency negatively impact the very professionals most companies need when facing financial distress?

Order this Audio CD (recorded in late January 2006) and discover if you or your clients are at risk or if deepening insolvency offers you a powerful new weapon to protect creditors interests. In just 90 minutes, you will learn

· Real-world, simplified definition of Deepening Insolvency is it a cause of action, a theory of damages, or something else?
· How has the claim evolved and whats behind its recent growth spurt?
· The 3 essential elements of a deepening insolvency claim
· Whos at greatest risk? Potential targets of claims and how the courts are (or arent) acknowledging them
· Is there any guidance on calculating the amount of damages?
· Potential defenses to deepening insolvency claims
· Status report on major cases you should monitor
· Impact of the new Bankruptcy Code. Does BAPCPA clarify anything? Will it trigger more or less claims?

You'll also receive a comprehensive outline of the speaker's presentation and a list of the most important case citations.

Speaker(s):

Luis Salazar
Greenberg Traurig P.A.

Described as one of South Florida's "legal elite" by Miami's Daily Business Review, Luis Salazar is a shareholder in the international law firm of Greenberg Traurig. In his practice, he counsels a diverse group of clients through difficult situations from bet-the-company litigation, to surviving severe financial distress, to dealing with the consequences of data breaches.

Luis has led Chapter 11 reorganizations for many well-known companies including Gerald Stevens, Fine Air and Arrow Air, Xpedior, Scient, and others with combined assets exceeding $5 billion. He also has led less well-known reorganizations, work-outs and financial negotiations on behalf of clients in the aviation, money-wiring, food service, import-export, and entertainment fields. He currently serves as the Co-Chair of the International Insolvency Committee of the American Bankruptcy Institute.

His representation of troubled internet companies during the dotcom era led Luis to draft and propose The Privacy Policy Enforcement in Bankruptcy Act of 2001, which prohibits bankrupt companies from misusing consumers' private information. The Act is also the first law to require the appointment of a Consumer Privacy Ombudsman to protect the privacy rights of consumers. Luis has since been appointed by the Department of Justice as Consumer Privacy Ombudsman in the Tweeter Audio and Foxtons bankruptcy cases.

Surge of Deepening Insolvency Claims


Conference Audio CD + Written Materials	US$	35.00	add to cart

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