eConference

2024 Jay L. Westbrook Bankruptcy eConference

Contains material from Jan 2025
2024 Jay L. Westbrook Bankruptcy eConference
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Now in its 43rd year, UT Law CLE's Jay L. Westbrook Bankruptcy Conference is one of the premier bankruptcy programs in the nation. The conference attracts a stellar national faculty of prominent judges, academics, and practitioners. This year’s conference provides an in-depth focus on current topics in business and consumer bankruptcy.

Program highlights:
  • The perennial favorite Recent Developments has two sessions: Professor Jay L. Westbrook leads the opening session to discuss the year’s most important cases, and then Debbie Langehennig leads a panel for a deeper dive into recent business and consumer cases.
  • The always popular Views from the Bench: Our panel of judges discuss the impact of recent decisions, trends, and creative attorneys. 
  • Business Track including Taking Stock After Purdue Pharma: Discuss the state of third-party releases, channel injunctions, exculpations, and other issues in light of the Supreme Court’s ruling in Purdue Pharma.
  • Consumer Track including Modular Bankruptcy - A Consumer Scheme of Arrangement: The scheme of arrangement has been the premiere method of UK restructuring for some time now and has been drawing many U.S. firms to take advantage of its intentionally modular approach where some, but not all, of the debt is restructured. Could the same modularity be imported into the consumer realm? Yes, but not without resolving some serious complexities.
  • Gain insight on Subchaper V; merchant cash advances; venue reform; ethical pitfalls in bankruptcy and much more.

Includes: Video Audio Paper Slides

  • Total Credit Hours:
  • 15.00 | 3.50 ethics
  • Credit Info
  • TX, CA, PA
  • Specialization: Bankruptcy Law | Consumer Law
  • TX MCLE credit expires: 1/31/2026

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1. Recent Developments - Part I (Jan 2025)

Jay L. Westbrook, R. Byrn "Byrnie" Bass Jr., Demetra Liggins, Bill Rochelle

1.00 0.25 0.00 1.00 | 0.25 ethics
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(mp4)
58 mins
(mp3)
58 mins
Paper
(pdf)
16 pgs
Paper
(pdf)
37 pgs
Paper
(pdf)
338 pgs
Slides
(pdf)
12 pgs
Session 1 —58 mins 1.00 | 0.25 ethics
Recent Developments - Part I (Jan 2025)

The year’s business and consumer cases: the good, the not so good and those that, quite frankly, are hard to understand. But it’s fun to watch us try.

Originally presented: Nov 2024 Bankruptcy Conference

Jay L. Westbrook, The University of Texas School of Law - Austin, TX
R. Byrn "Byrnie" Bass Jr., Attorney at Law - Lubbock, TX
Demetra Liggins, McGuireWoods - Houston, TX
Bill Rochelle, American Bankruptcy Institute - New York, NY

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2. Circuit Splits and Trends (Jan 2025)

William L. Wallander, Hon. Christopher G. Bradley, Katherine T. Hopkins, Jay H. Ong

0.75 0.00 0.00 0.75
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(mp4)
51 mins
(mp3)
51 mins
Paper
(pdf)
124 pgs
Paper
(pdf)
1 pgs
Slides
(pdf)
13 pgs
Session 2 —51 mins 0.75
Circuit Splits and Trends (Jan 2025)

This panel presents a survey and analysis of the splits and accords among the Circuit Courts on key bankruptcy issues, as well as a summary of relevant Supreme Court decisions.

Originally presented: Nov 2024 Bankruptcy Conference

William L. Wallander, Vinson & Elkins LLP - Dallas, TX
Hon. Christopher G. Bradley, U.S. Bankruptcy Court, Western District of Texas - Austin, TX
Katherine T. Hopkins, Kelly Hart & Hallman LLP - Fort Worth, TX
Jay H. Ong, Munsch Hardt Kopf & Harr, P.C. - Austin, TX

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3. Mass Torts and Existential Threats to Corporate Entities (Jan 2025)

Hon. Stacey G. C. Jernigan, John H. Beisner, Samir D. Parikh

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
43 mins
(mp3)
43 mins
Paper
(pdf)
46 pgs
Paper
(pdf)
33 pgs
Paper
(pdf)
51 pgs
Paper
(pdf)
56 pgs
Paper
(pdf)
20 pgs
Slides
(pdf)
11 pgs
Session 3 —43 mins 0.75 | 0.25 ethics
Mass Torts and Existential Threats to Corporate Entities (Jan 2025)

Mass torts are the most dynamic cases in the country. This panel explores the overarching trajectory of these disputes and the unique complexities. What does the future of mass torts hold? Is the judicial infrastructure capable of meeting the daunting resolution challenge?

Originally presented: Nov 2024 Bankruptcy Conference

Hon. Stacey G. C. Jernigan, U.S. Bankruptcy Court, Northern District of Texas - Dallas, TX
John H. Beisner, Skadden, Arps, Slate, Meagher & Flom LLP - Washington, DC
Samir D. Parikh, Wake Forest School of Law - Winston-Salem, NC

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4. What Exactly Does the U.S. Trustee Do? (Jan 2025)

Kevin M. Epstein, M. Shane Johnson, Brendon Singh, Aubrey L. Thomas

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
43 mins
(mp3)
42 mins
Paper
(pdf)
13 pgs
Session 4 —43 mins 0.75 | 0.25 ethics
What Exactly Does the U.S. Trustee Do? (Jan 2025)

The mission of the U.S. Trustee is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders – debtors, creditors, and the public. During this presentation, the panel discusses the U.S. Trustee’s role in both consumer and business bankruptcy cases, such as bringing enforcement actions to protect consumer debtors and objecting to third party releases, exculpations, and KEIP/KERPs.

Originally presented: Nov 2024 Bankruptcy Conference

Kevin M. Epstein, Office of the U.S. Trustee - San Antonio, TX
M. Shane Johnson, Porter Hedges LLP - Houston, TX
Brendon Singh, Tran Singh LLP - Houston, TX
Aubrey L. Thomas, Office of the U.S. Trustee - San Antonio, TX

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5. Detecting Corporate Psychopaths (Jan 2025)

Kathy Bazoian Phelps

0.50 0.25 0.00 0.50 | 0.25 ethics
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(mp4)
29 mins
(mp3)
29 mins
Paper
(pdf)
10 pgs
Session 5 —29 mins 0.50 | 0.25 ethics
Detecting Corporate Psychopaths (Jan 2025)

This presentation discusses the unique characteristics of psychopaths and how their manipulative and deceptive behavior can devastate co-workers and businesses. Tips are provided on how to best interview individuals to detect people with this personal disorder before they are hired.

Originally presented: Nov 2024 Bankruptcy Conference

Kathy Bazoian Phelps, Raines Feldman Littrell LLP - Los Angeles, CA

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6. Venue Reform: Legislative Updates and Current Developments (Jan 2025)

Eric M. Van Horn, Amy Quackenboss, Clifford J. White III

0.75 0.00 0.00 0.75
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(mp4)
44 mins
(mp3)
44 mins
Paper
(pdf)
983 pgs
Slides
(pdf)
6 pgs
Session 6 —44 mins 0.75
Venue Reform: Legislative Updates and Current Developments (Jan 2025)

Learn the latest about H.R. 1017 and S. 4095, recent case issues, and potential impacts from current events with insights from Beltway insiders.

Originally presented: Nov 2024 Bankruptcy Conference

Eric M. Van Horn, Spencer Fane LLP - Dallas, TX
Amy Quackenboss, American Bankruptcy Institute - Alexandria, VA
Clifford J. White III, Washington, DC

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7. Don’t Just Survive, Thrive in Subchapter V (Jan 2025)

Hon. Shad M. Robinson, Hon. Eduardo V. Rodriguez, Brad Wesley Odell

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
46 mins
(mp3)
46 mins
Paper
(pdf)
31 pgs
Paper
(pdf)
13 pgs
Slides
(pdf)
9 pgs
Session 7 —46 mins 0.75 | 0.25 ethics
Don’t Just Survive, Thrive in Subchapter V (Jan 2025)

Join this distinguished panel as they walk you through a comparison of chapter 13 and subchapter V, how to select the best option for your client as well as the required steps a practitioner needs to take in order to confirm a subchapter V plan.

Originally presented: Nov 2024 Bankruptcy Conference

Hon. Shad M. Robinson, U.S. Bankruptcy Court, Western District of Texas - Austin, TX
Hon. Eduardo V. Rodriguez, U.S. Bankruptcy Court, Southern District of Texas - McAllen, TX
Brad Wesley Odell, Mullin Hoard & Brown, LLP - Lubbock, TX

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8. Merchant Cash Advances: Purchase Agreements or Usurious Loans in Disguise? Analysis & Strategies (Jan 2025)

Robert (Chip) Lane, Chrystin Ondersma

0.50 0.00 0.00 0.50
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(mp4)
29 mins
(mp3)
29 mins
Paper
(pdf)
9 pgs
Session 8 —29 mins 0.50
Merchant Cash Advances: Purchase Agreements or Usurious Loans in Disguise? Analysis & Strategies (Jan 2025)

Discuss the evolving (and evading) market of merchant cash advances. Review the case law regarding the legal nature of merchant cash advances and their implications in bankruptcy and explore strategies for small business debtors navigating bankruptcy with merchant cash advances.

Originally presented: Nov 2024 Bankruptcy Conference

Robert (Chip) Lane, The Lane Law Firm, LC - Houston, TX
Chrystin Ondersma, Rutgers Law - Newark, NJ

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9. Ethical Pitfalls in Bankruptcy (Jan 2025)

Jay L. Westbrook, Hon. Allan L. Gropper, Jonathan C. Lipson

1.00 1.00 0.00 1.00 | 1.00 ethics
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(mp4)
60 mins
(mp3)
60 mins
Paper
(pdf)
16 pgs
Paper
(pdf)
84 pgs
Slides
(pdf)
16 pgs
Session 9 —60 mins 1.00 | 1.00 ethics
Ethical Pitfalls in Bankruptcy (Jan 2025)

Participants in a bankruptcy proceeding, including judges and other professionals, such as lawyers for the parties and for committees, must conform their conduct to certain ethical rules. In some cases these rules are the same as to those prevailing in other legal proceedings and in other cases they are unique to bankruptcy. Explore some of the governing rules, taking notice of recent cases in which they may or may not have been followed.

Originally presented: Nov 2024 Bankruptcy Conference

Jay L. Westbrook, The University of Texas School of Law - Austin, TX
Hon. Allan L. Gropper, U.S. Bankruptcy Judge, Retired - New York, NY
Jonathan C. Lipson, Temple University - Beasley School of Law - Philadelphia, PA

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10. Recent Developments - Part II (Jan 2025)

Deborah B. Langehennig, Omar J. Alaniz, Brian T. Cumings, Aaron M. Kaufman, Cristina Rodriguez

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
43 mins
(mp3)
43 mins
Slides
(pdf)
14 pgs
Session 10 —43 mins 0.75 | 0.25 ethics
Recent Developments - Part II (Jan 2025)

If you thought Part I was entertaining, wait till you see what the RDII panel will do next.

Originally presented: Nov 2024 Bankruptcy Conference

Deborah B. Langehennig, Chapter 13 Trustee - Austin, TX
Omar J. Alaniz, Reed Smith LLP - Dallas, TX
Brian T. Cumings, Graves Dougherty Hearon & Moody - Austin, TX
Aaron M. Kaufman, Gray Reed - Dallas, TX
Cristina Rodriguez, The Office of Tiffany Castro, Chapter 13 Trustee - Houston, TX

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11. Simplifying Complex Cases: Comparing Complex Chapter 11 Procedures Across the Districts (Jan 2025)

Hon. Michelle V. Larson, Julie Harrison, Natalie Wilson

0.75 0.00 0.00 0.75
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(mp4)
45 mins
(mp3)
45 mins
Paper
(pdf)
10 pgs
Slides
(pdf)
10 pgs
Session 11 —45 mins 0.75
Simplifying Complex Cases: Comparing Complex Chapter 11 Procedures Across the Districts (Jan 2025)

The presentation compares and contrasts the District-specific procedures for complex Chapter 11 cases, with practice tips and lessons learned from recent revisions.

Originally presented: Nov 2024 Bankruptcy Conference

Hon. Michelle V. Larson, U.S. Bankruptcy Court, Northern District of Texas - Dallas, TX
Julie Harrison, Norton Rose Fulbright US LLP - Houston, TX
Natalie Wilson, Langley & Banack, Inc. - San Antonio, TX

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12. Hot Topics and Current Issues in Chapter 15 – Views from the Academy and the Bench (Jan 2025)

Hon. Elizabeth S. Stong, Charles D. Booth, John Pottow

0.75 0.00 0.00 0.75
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(mp4)
45 mins
(mp3)
45 mins
Paper
(pdf)
2 pgs
Session 12 —45 mins 0.75
Hot Topics and Current Issues in Chapter 15 – Views from the Academy and the Bench (Jan 2025)

As the Model Law on Cross-Border Insolvency marks its 25th anniversary, what is working well, and where are the challenges? Is COMI still fit for purpose? And is it time to consider a second-generation framework for recognition in cross-border restructurings?

Originally presented: Nov 2024 Bankruptcy Conference

Hon. Elizabeth S. Stong, U.S. Bankruptcy Court, Eastern District of New York - Brooklyn, NY
Charles D. Booth, University of Hawaii William S. Richardson School of Law - Honolulu, HI
John Pottow, University of Michigan Law School - Ann Arbor, MI

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13. Independent Directors (Jan 2025)

Charles Persons, Steven J. Pully, Andrew R. Vara, Ray Wallander

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
44 mins
(mp3)
43 mins
Slides
(pdf)
6 pgs
Session 13 —44 mins 0.75 | 0.25 ethics
Independent Directors (Jan 2025)

Companies facing a restructuring or bankruptcy often engage newly appointed independent directors with extensive experience in restructuring matters to provide independence from existing stakeholders and the benefits of their experience in corporate governance. The panel presents on qualifications, appointment, scope, and importance of independent directors, as well observations from the U.S. Trustee Regions 3 & 9 regarding situations where a debtor may instead benefit from the use of trustees and examiners.

Originally presented: Nov 2024 Bankruptcy Conference

Charles Persons, Paul Hastings LLP - Dallas, TX
Steven J. Pully, Speyside Partners LLC - Dallas, TX
Andrew R. Vara, Office of the U.S. Trustee - Cleveland, OH
Ray Wallander, Maxwell Bay Advisors, LLC - Minneapolis, MN

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14. Taking Stock After Purdue Pharma (Jan 2025)

Charles A. Beckham Jr., Pamela Foohey

0.75 0.00 0.00 0.75
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(mp4)
45 mins
(mp3)
45 mins
Paper
(pdf)
48 pgs
Paper
(pdf)
20 pgs
Slides
(pdf)
5 pgs
Session 14 —45 mins 0.75
Taking Stock After Purdue Pharma (Jan 2025)

Discuss the state of third-party releases, channel injunctions, exculpations, and other issues in light of the Supreme Court’s ruling in Purdue Pharma.

Originally presented: Nov 2024 Bankruptcy Conference

Charles A. Beckham Jr., Haynes Boone, LLP - Houston, TX
Pamela Foohey, University of Georgia School of Law - Athens, GA

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15. Brief Refresher/Update on Selling Avoidance Actions (Jan 2025)

Allison D. Byman, An Nguyen

0.75 0.00 0.00 0.75
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(mp4)
45 mins
(mp3)
44 mins
Paper
(pdf)
12 pgs
Slides
(pdf)
11 pgs
Session 15 —45 mins 0.75
Brief Refresher/Update on Selling Avoidance Actions (Jan 2025)

A review of the Fifth Circuit’s opinion in Matter of South Coast Supply Co.—holding that avoidance actions are property of the bankruptcy estate and can be sold—and a discussion of the various issues addressed and others left unanswered.

Originally presented: Nov 2024 Bankruptcy Conference

Allison D. Byman, Byman & Associates PLLC - Pearland, TX
An Nguyen, U.S. Bankruptcy Court, Western District of Texas - Austin, TX

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16. Difficult Valuations: How to Determine Value on Complex Assets? (Jan 2025)

Catherine Stone Curtis, Stephen W. Sather

0.75 0.00 0.00 0.75
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(mp4)
44 mins
(mp3)
44 mins
Paper
(pdf)
21 pgs
Session 16 —44 mins 0.75
Difficult Valuations: How to Determine Value on Complex Assets? (Jan 2025)

What happens when you encounter an unusual asset in a consumer case? How do you value partial interests, rights under community property laws, future interests, cryptocurrency, LLCs and other closely held businesses and other complex assets?

Originally presented: Nov 2024 Bankruptcy Conference

Catherine Stone Curtis, McGinnis Lochridge - McAllen, TX
Stephen W. Sather, Barron & Newburger, P.C. - Austin, TX

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17. Who Appreciates the Increased Value of the Assets More, the Chapter 13 Debtor or a Chapter 7 Trustee After Conversion? (Jan 2025)

Todd Headden, Andrew Bates, Emily Chang

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
45 mins
(mp3)
45 mins
Paper
(pdf)
2 pgs
Slides
(pdf)
7 pgs
Session 17 —45 mins 0.75 | 0.25 ethics
Who Appreciates the Increased Value of the Assets More, the Chapter 13 Debtor or a Chapter 7 Trustee After Conversion? (Jan 2025)

Discuss the nuance of who gets the appreciated value of assets when a chapter 13 case converts to chapter 7. Does the benefit inure to the debtor or should the appreciation be made available to the creditors? Is the code clear, or are we just arguing equity?

Originally presented: Nov 2024 Bankruptcy Conference

Todd Headden, Hayward PLLC - Austin, TX
Andrew Bates, Willkie Farr & Gallagher LLP - New York, NY
Emily Chang, Law Clerk, U.S. Bankruptcy Court, Northern District of Texas - Dallas, TX

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18. Modular Bankruptcy - A Consumer Scheme of Arrangement (Jan 2025)

John Pottow

0.75 0.00 0.00 0.75
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(mp4)
39 mins
(mp3)
39 mins
Session 18 —39 mins 0.75
Modular Bankruptcy - A Consumer Scheme of Arrangement (Jan 2025)

The scheme of arrangement has been the premiere method of UK restructuring for some time now and has been drawing many U.S. firms to take advantage of its intentionally modular approach where some, but not all, of the debt is restructured. Could  the same modularity be imported into the consumer realm? Yes, but not without resolving some serious complexities.

Originally presented: Nov 2024 Bankruptcy Conference

John Pottow, University of Michigan Law School - Ann Arbor, MI

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19. Liability Management Transactions  (Jan 2025)

Hon. Chris López, Brian S. Hermann, Zul Jamal

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
45 mins
(mp3)
45 mins
Slides
(pdf)
15 pgs
Session 19 —45 mins 0.75 | 0.25 ethics
Liability Management Transactions  (Jan 2025)

Discuss trends and the implications for Chapter 11 cases.

Originally presented: Nov 2024 Bankruptcy Conference

Hon. Chris López, U.S. Bankruptcy Court, Southern District of Texas - Houston, TX
Brian S. Hermann, Paul Weiss - New York, NY
Zul Jamal, Moelis & Company - New York, NY

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20. Views from the Bench (Jan 2025)

Deborah D. Williamson, Hon. Christopher G. Bradley, Hon. Scott Everett, Hon. Alfredo R. Pérez, Hon. Brenda T. Rhoades

0.75 0.25 0.00 0.75 | 0.25 ethics
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(mp4)
44 mins
(mp3)
44 mins
Session 20 —44 mins 0.75 | 0.25 ethics
Views from the Bench (Jan 2025)

Our panel of judges discuss the impact of recent decisions, trends, and creative attorneys. Are there any specific topics you would like to have the panel address? If so, please submit your questions in advance to ConferenceQA@utcle.org or on-site at the conference registration desk.

Originally presented: Nov 2024 Bankruptcy Conference

Deborah D. Williamson, Dykema Gossett PLLC - San Antonio, TX
Hon. Christopher G. Bradley, U.S. Bankruptcy Court, Western District of Texas - Austin, TX
Hon. Scott Everett, U.S. Bankruptcy Court, Northern District of Texas - Dallas, TX
Hon. Alfredo R. Pérez, U.S. Bankruptcy Court, Southern District of Texas - Houston, TX
Hon. Brenda T. Rhoades, U.S. Bankruptcy Court, Eastern District of Texas - Plano, TX