Structuring Transactions: Bankruptcy Reorganization

The overall goal of this course is to provide students with a more direct, hands-on, experience of the lawyering process in complex Chapter 11 bankruptcy reorganizations. The course will focus on the structuring of several of the typical elements of a Chapter 11 business bankruptcy. Students, working in teams, will draft documents utilized in the reorganization process and make presentations to the class explaining the purpose of the documents, the underlying legal issues, and the strategies and tactics employed by the parties to the underlying transactions and processes. In some instances, negotiations which typically precede the drafting of the documents will be simulated. Sample documents and assigned readings relevant to the structuring exercises will be provided. Among the elements of the Chapter 11 process examined are: Pre-Bankruptcy Analysis and Workout of Corporate Finance Documentation; Retention of Professional Persons in Bankruptcy cases; Debtor in Possession Financing; Use of cash collateral and adequate protection; Asset Sales; Compromise and Settlement of Claims; Classification and Treatment of Claims in a Plan of Reorganization; Pre-negotiated Plans of Reorganization; Students also will be expected to follow and report on developments of a major pending bankruptcy case. Evaluation: Course grades will be based on class participation and the satisfactory and timely completion of assignments. There will be no written or oral exams for this course. Prerequisites: Concurrent or prior enrollment in one or more of the Law School's Bankruptcy offerings is highly recommended. Graduation writing requirements: With prior permission of the instructors, the Law School's one-draft, two-draft or three-draft writing requirements can be satisfied and an additional hour of credit can be earned. See Rules of the Law School, Sections 3.01(d) (3) and 3.02(a) (5) (i).

Catalog Number: BUSCOM 633D
Practice Areas: Business, Corporate,Trans AreaCommercial Practice AreaLegal Skills Development
Additional Course Information: 1 Draft degree req may be met with class ,  3 draft degree req may be met with class ,  Consult Professor about writing requirements

Course History

Spring 2011
Title: Structuring Transactions: Bankruptcy Reorganization
Faculty: Francis, Clinton William (courses  |  homepage)
Section: 1     Type: Seminar     Credits: 3.0
Capacity: 25     Actual: 0