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The SBRA and the CARES Act: How They Help in Today's Health & Economic Crisis


Level: Intermediate
Runtime: 75 minutes
Recorded Date: April 03, 2020
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Agenda

        • CARES Act
                - Small Businesses
                - Consumers
        • SBRA Overview
        • Q & A

Runtime: 1 hour, 14 minutes
Recorded: April 3, 2020

For NY - Difficulty Level: Both newly admitted and experienced attorneys

Description

Join our panel of experts as they explore the recently enacted provisions within the Coronavirus Aid, Relief and Economic Security Act (CARES Act) to temporarily raise the debt limit for small businesses looking to file under the new subchapter V of the Small Business Reorganization Act of 2019 (SBRA). In addition, the panel will explain how these new laws help people in chapter 13 by allowing them more time to complete their plans and retain government benefits.

This program was recorded on April 3rd, 2020.

Provided By

American Bankruptcy Institute
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Panelists

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Allan D. NewDelman

Attorney
Office of Allan D. NewDelman

Mr. NewDelman has been an attorney for over 30 years and practices under the name of Allan D. NewDelman, P.C. The Firm’s primary area of emphasis is debtor representation under Chapters 7, 11 and 13 of the Bankruptcy Code. Our focus is to help clients through the bankruptcy process including individuals and businesses with complex, unusual or “trouble shooting” type cases. Mr. NewDelman has a well known reputation for thinking outside the box and is committed to assisting his clients throughout the bankruptcy process. He takes great strides to find solutions to complex issues. Mr. NewDelman, knowing that bankruptcy should be used as a last resort, also works with his clients to negotiate settlements with creditors in appropriate cases. A large part of the Firm’s client base is from referrals from past and present clients, as well as other attorneys whose clients are dealing with the defense of adversarial and/or contested matters.

Mr. NewDelman is admitted to the Illinois State Bar, Arizona State Bar, U.S. Bankruptcy for the District of Arizona, Arizona Supreme Court, U.S. District Court – District of Arizona and the 7th and 9th Circuit Court of Appeals.

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Robert J. Keach

Shareholder
Bernstein Shur

Robert J. Keach is co-chair of Bernstein Shur’s Business Restructuring and Insolvency Practice Group. He is a Fellow of the American College of Bankruptcy and a Past President (2009-2010) of the American Bankruptcy Institute. Bob is also the co-chair of the ABI’s Commission to Study the Reform of Chapter 11.

Bob focuses on the representation of various parties in workouts and bankruptcy cases, including debtors, creditors, creditors committees, lessors and third parties acquiring troubled companies and/or their assets. He has appeared as a panelist on national bankruptcy, lender liability and creditors rights programs, and is the author of several articles on bankruptcy and creditors’ rights appearing in the ABI Law Review, Commercial Law Journal and ABI Journal, among other publications. Keach is a contributing author to Collier Guide to Chapter 11: Key Topics and Selected Industries (2011 Ed.).

He is recognized as a “Star Individual” in Corporate M&A/Bankruptcy in Chambers USA, in Best Lawyers in America (Ten-Year Certificate), and by New England Super Lawyers (Bankruptcy and Top 100 Lawyers in New England regardless of specialty). Bob is also certified in business bankruptcy by the American Board of Certification.

Currently, Bob serves as the chapter 11 trustee in the railroad reorganization case of Montreal Maine & Atlantic Railway, Ltd., a cross-border restructuring case. Bob is also the fee examiner in the Exide Technologies case in Delaware; he was also the fee examiner in In re AMR Corporation (the chapter 11 cases of American Airlines and its parent and certain affiliates). Bob has also, inter alia, represented ad hoc committees in the Homebanc Mortgage, New Century TRS Holdings, and Nortel Networks cases in Delaware, as well as a public utilities commission in the FairPoint Communications case in the Southern District of New York.

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Hon. Madeleine C. Wanslee

Judge
U.S. Bankruptcy Court for the District of Arizona

Hon. Madeleine C. Wanslee is a U.S. Bankruptcy Judge for the District of Arizona in Phoenix, sworn in on March 17, 2014. Previously, she was an associate and then partner at Gust Rosenfeld, PLC, where she was active in the firm’s management committee and co-chaired the firm’s bankruptcy practice group. Her practice focused on bankruptcy and creditors’ rights, and she represented small businesses, financial institutions, corporations and state agencies. While in private practice, Judge Wanslee was a certified bankruptcy specialist. She also argued a number of appeals, including United Student Aid Funds Inc. v. Espinosa before the U.S. Supreme Court.

Judge Wanslee is a member of the Ninth Circuit Bankruptcy Education Committee and chairs Arizona’s Bankruptcy Court local rules committee. She is a charter member and past president of the Arizona Bankruptcy American Inn of Court and is past chair of the Ninth Circuit Bankruptcy Judges Education Committee, the Ninth Circuit Lawyer Representatives Coordinating Committee, the Arizona Lawyer Representatives and the Bankruptcy Section of the State Bar of Arizona. She also served on the American Board of Certification’s Standards Committee and on the Arizona State Bar’s Bankruptcy Advisory Committee, which both certify bankruptcy specialists.

Judge Wanslee received her B.F.A. and B.A. from the University of Arizona and her J.D. from Gonzaga University School of Law, where she served as a writer and executive editor of the Gonzaga Law Review. Following law school, she clerked for Chief Bankruptcy Judge Robert C. Jones of the District of Nevada.

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William J. Rochelle, III

Editor-at-Large
American Bankruptcy Institute

An insightful writer known for his authoritative take on legal developments affecting bankruptcy practice, Rochelle published for Bloomberg every day from 2007 until this fall.

Prior to his second career in journalism, he practiced bankruptcy law for 35 years, including 17 years as a partner in the New York office of Fulbright & Jaworski LLP.

He earned his undergraduate and law degrees from Columbia University, where he won Harlan Fiske Stone Scholar awards in the law school.


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