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Asset Sales, Credit Bids, and Cramdown After Philadelphia Newspapers

Name: Asset Sales, Credit Bids, and Cramdown After <i>Philadelphia Newspapers</i>
Start: 05/25/2010
End: 05/25/2010
Location: Foley &amp; Lardner LLP <BR>90 Park Avenue <BR>New York, NY

25 May 2010 New York, NY Past Event

Location

Foley & Lardner LLP
90 Park Avenue
New York, NY

Contact Information

John Vicars
jvicars@foley.com

Agenda

4:00 p.m. to 5:00 p.m. — Discussion of Philadelphia News Case

5:00 p.m. to 6:00 p.m. — Networking Reception

The recent Philadelphia Newspapers decision by the Third Circuit Court of Appeals — which permits a sale of assets in a plan of reorganization to be done free of the liens of secured creditors without giving the secured creditors the right to credit bid at the sale — will affect the structure of future distressed asset purchases in a variety of ways.

Please join us for a Foley Executive Briefing Series program exploring the implications of this groundbreaking ruling for your business. Speakers will include Judy A. O'Neill and Douglas E. Spelfogel, Foley Bankruptcy & Business Reorganizations Partners, who will discuss the ruling’s bankruptcy law dimensions; Patrick Fleury, Credit Analyst in the Special Situations Unit of Satellite Asset Management, L.P.

Asset Sales, Credit Bids, and Cramdown After Philadelphia Newspapers is part of the Foley Executive Briefing Series. Learn more about programs in the series at Foley.com/FEBS.