Why should someone attend Insolvency 2020? Over 170 national thought leaders are presenting 50 hours of educational content in bite-sized sessions over seven weeks – providing valuable CLE/CPE credits to attendees. Formats include:
- Live speaker sessions
- Interactive panel discussions
- Online Q&A
- Networking and sharing
- Virtual exhibit hall
Attendees will walk away with a wider network of leading industry professionals, applicable best practices, and expert insights and strategies around our global economy.
Don't Miss NABT's Featured Session:
A Day in the Life of a Trustee (Comparisons of Chapter 7 and Sub V Trustees)
Presented by: Gary Seitz, Gellert Scali Busenkell & Brown LLC, Russell Garrett, Jordan Ramis PC, Patricia Fugee, FisherBroyles, LLP, and Paula Beran, Tavenner & Beran, PLC
A better understanding of what trustees do in their day-to-day work may help debtor, credit and finance professionals appreciate some of the complexities of the bankruptcy process. Bankruptcy trustees are often painted as the bad guys. Creditors sometimes think that trustees sell assets at bargain-basement prices for a quick result, or that they're only in it for the fees. Debtor’s may view the trustee as their arch enemy.
But the role of a bankruptcy trustee is very challenging, involving and rewarding – not to mention highly regulated. Their work affects the lives and livelihoods of both creditors and debtors. The matter is further complicated by the emergence of the Sub V Trustee.
Perhaps a better understanding of what trustees do and a comparison of the roles of Chapter 7 and the newly minted Sub V trustees will help debtor, credit and finance professionals appreciate some of the complexities of the bankruptcy process.
So what does a particular work day look like for a Chapter 7 compared to a Sub V bankruptcy trustee?
- Appointment process
- Day to day duties
- Fiduciary duties
- Compliance obligations
- Immunity / Liability / Court Supervision
- Steps to Making the Trustee Happy