Podcast Location:
Download it here [file size: 23.6 MB]
Part of:
Cross Border Insolvency CPD Training Bundle
Categories:
Corporate & Commercial Law
Insolvency & Restructuring
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast gives an overview of the Chapter 11 regime in the US and looks at the differences between the US and UK approaches to restructuring a company. It explains the terms that are used in relation to a Chapter 11 administration. It also looks at when a company must file a Chapter 11 and the obligations and restrictions on a company during Chapter 11.

Outcomes:
After completing the course you will:
  • Be aware of the US Chapter 11 procedure;
  • Understand the difference between the US and UK approaches to restructuring a company;
  • Know the jargon associated with a Chapter 11 filing;
  • Know when a Chapter 11 would be appropriate;
  • Appreciate the restrictions and obligations on a company during the Chapter 11 process.
Level:
Specialist Difficulty: 5 of 5
Classification:
Legal Principles
Practical Guide
Sources and References:
  • Title 11, Chapter 11 - (US Bankruptcy Code);
  • Lehman Brothers Holdings Inc. Chapter 11 Proceedings;
  • Texaco Inc. Chapter 11 Proceedings;
  • Nortel Networks Chapter 11 Proceedings;
  • Parmalat USA Corp. Chapter 11 Proceedings;
  • Yukos Oil Company Chapter 11 Proceedings.
Tags:

This two part CPDcast series provides an overview of the Chapter 11 procedure in the US and its relevance to UK lawyers.

Podcast last reviewed: 2011-03-28

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