815 Advising a Distressed Enterprise and Its Stakeholders

This course will provide students with a practical understanding of the role of outside counsel to key stakeholders in complex, high-stakes, and fast-paced business reorganizations and liquidations – including distressed companies and their boards, secured and unsecured creditors, and distressed investors/asset purchasers.  Discussion topics include (i) advising the Board of Directors of a distressed company during periods of significant uncertainty and risk, including as to fiduciary responsibilities; (ii) out-of-court and in-court restructuring alternatives, techniques, and pitfalls; (iii) preparation, commencement, and administration of a case under chapter 11 of the Bankruptcy Code; (iv) “hot button” issues in chapter 11; and (v) cross-border restructurings.

Degree Requirements
Course Type
  • Lecture
Learning Outcomes
  • Other professional skills needed for competent and ethical participation as a member of the legal profession

*Please note that this information is for planning purposes only, and should not be relied upon for the schedule for a given semester. Faculty leaves and sabbaticals, as well as other curriculum considerations, will sometimes affect when a course may be offered.