BANKRUPTCY FOR THE NON-SPECIALIST
Live In-Person Seminar
ITEM #:  1039172201   |   EVENT CODE:  421195
MEMBER PRICE
$195.00
STANDARD PRICE
$245.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

IN-PERSON PASSHOLDERS:
You may use your Pass to register for the live simulcast at no charge.

Tuesday, December 7, 2021

9:00 AM - 4:25 PM   |   Check-In:  8:30 AM

LIVE ONLINE ONLY
In-Person Passholders – You may use your Pass to register for the live simulcast at no charge.

Bankruptcy for the Non-Specialist

Spotlighting the Important Bankruptcy Matters Every Attorney Should Understand!

This seminar is specially tailored for attorneys who practice any practice area who want to learn about bankruptcy law. Regardless of the type of practice area you specialize in, you may have clients who are either contemplating bankruptcy, going through one, or have come out of liquidation. This course will provide an overview of the various Chapters and types of bankruptcies available to individuals and businesses. In addition, learn about the role of a Chapter 7 trustee. Also, hear from Chief Judge Ridgway, Judge Fisher, and Court of Clerk Tricia Pepin on how the Bankruptcy Court works and operates. Furthermore, understand the key creditor and debtor issues in bankruptcy. Adding further, learn about common intersections between bankruptcy and other areas of the law and relevant updates in bankruptcy law as well.


Extra Benefits!

  • Materials Posted Online – Access to ALL seminar materials for 1 year
  • The “Watch Again” Feature - Access to ALL presentation recordings for 1 year (not for additional CLE credit)
  • And More!


Don't miss this excellent opportunity to learn about bankruptcy and how it can impact your clients and your practice. 

8:30 – 9:00 a.m.
JOIN ONLINE


9:00 – 9:15 a.m.
Bankruptcy 101: Understanding Bankruptcy Concepts, Chapters, Terms, and the Players in a Bankruptcy Case
In this overview session, Ronald Lundquist will discuss the main concepts, statutory chapters, bankruptcy terms, and the players involved in bankruptcy. Having this foundation will help you navigate and understand how the following seminar session topics align in the world of bankruptcy.
– Ronald J. Lundquist


9:15 – 9:45 a.m.
How Bankruptcy Impacts the Civil Litigator, Business Law/Transactional Attorney, and Real Estate Attorney
Whether you practice in civil litigation, business or real estate law, bankruptcy can impact both your business and individual clients. Learn the big picture implications of how your client may be impacted if they are contemplating, in the process, or coming out of bankruptcy. This session will help connect the dots for non-practitioners on how bankruptcy can play a role in these different practice areas.
– Erik A. Ahlgren & Sarah C. Duffy


9:45 – 9:50 a.m.
BREAK


9:50 – 10:35 a.m.
Introduction to Chapter 7 – The Liquidation Bankruptcy for Individuals
This session will provide an overview of Chapter 7 which is the main vehicle for individuals to liquidate through bankruptcy. Learn the main steps of a Chapter 7 bankruptcy from initial client meeting to discharge. Understand what income, expenses, and assets come into play, what the Means Test is, main creditor issues and preferences, fraudulent conveyances, timing of case filings, automatic stays, case administration, working with the court and the Trustees, and the difference between discharge vs. dismissal. 
– Gregory J. Wald


10:35 – 10:40 a.m.
BREAK


10:40 – 11:25 a.m.
Introduction to Chapter 13 – The Reorganization Bankruptcy for Individuals
This session will provide an overview of what a Chapter 13 bankruptcy entails. Learn about the basic process of a Chapter 13 bankruptcy from filing to confirmation to discharge. Understand the most common reasons for entering a Chapter 13. Also gain familiarity with some of the concepts associated with Chapter 13s such as best interest, best efforts, and feasibility. Lean about proofs of claims, plan modifications, conversions, hardship discharges, dismissals and discharges.
– Jeffrey M. Bruzek & Kristen M. Whelchel


11:25 – 11:30 a.m.
BREAK


11:30 a.m. – 12:15 p.m.
Introduction to Chapter 11, Subchapter 5, and Chapter 12 – The Bankruptcy for Businesses and Farms
This session will provide an overview of Chapter 11, Subchapter 5, and Chapter 12 which are the main vehicles for businesses and farms to liquidate through bankruptcy. Learn about the main stages, potential implications, and pitfalls for each of these types of bankruptcies.
– Samuel Calvert & Mary F. Sieling


12:15 – 1:00 p.m.
LUNCH BREAK


1:00 – 1:50 p.m.
A Day in the Life of a Chapter 7 Trustee
Hear from Chapter 7 Trustee Julia Christians on what role the trustee serves during a bankruptcy proceeding. Learn the basics of how a trustee administers the case, how a trustee works with creditors and debtors, along with other issues such as exemptions, preferences, fraudulent conveyances, and much more.
– Julia A. Christians


1:50 – 1:55 p.m.
BREAK


1:55 – 2:45 p.m.
The Tapestry of the Bankruptcy Court: Weaving Together the Roles of the Judges, the Clerk, and the Threads You Need to Know as a Bankruptcy Non-Specialist

  • How the Bankruptcy Court works
  • Role of Judges, the Clerk, and court administration
  • Use of mediation
  • The appeals process
  • Impact of COVID-19 on court administration

– Chief Judge Michael E. Ridgway, Judge William J. Fisher, & Tricia Pepin (Clerk of Court)
– Ronald Lundquist (moderator)


2:45 – 2:50 p.m.
BREAK


2:50 – 3:35 p.m.
Does Unsecured Mean Out of Luck? What Creditors Need to Know
This seminar will provide a high-level overview of how a claim is asserted in bankruptcy, the priority or order in which claims are paid if money is available, and which claims may survive bankruptcy. Finally, we will address seeking relief from the automatic stay to recover against property or third parties.
– Karl J. Johnson & Yuka Shiotani


3:35 – 3:40 p.m.
BREAK


3:40 – 4:25 p.m.
4 Common Intersections Between Bankruptcy and Other Practice Areas and 2 Bankruptcy Practice Updates 

  • Divorce and the disposition of assets and debts
  • Common estate planning issues (life estate, gifts, trusts) and bankruptcy
  • Discharge of income taxes
  • Personal Injury and Worker’s Compensation claims with bankruptcy
  • COVID-19 Impact on Current & Future Case Filings
  • Proposed Bankruptcy Reform Legislation

– Matthew Tande & Elaine D.W. Wise

LIVE SIMULCAST
Tuesday, December 7, 2021
Attend online

$195 MSBA members / $195 paralegals / $245 standard rate

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.

MEMBER PRICE
$195.00
STANDARD PRICE
$245.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

IN-PERSON PASSHOLDERS:
You may use your Pass to register for the live simulcast at no charge.

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