On Demand Audio

Optimizing the Outcome of a Chapter 7 Bankruptcy Case

(529 reviews)

Produced on February 08, 2017

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$ 59 Contract Law and Bankruptcy & Restructuring In Stock
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Course Information

Time 60 minutes
Difficulty Intermediate

Course Description

Chapter 7 bankruptcy cases provide for the liquidation of a debtor’s assets in a process that is controlled by a Chapter 7 Trustee. There are more Chapter 7 bankruptcy cases filed each year than cases filed under Chapters 11, 12 and 13 combined. In 2015, there were twice as many business Chapter 7 cases than business Chapter 11 cases. Chapter 7 business bankruptcy cases present unique challenges and opportunities for the debtor’s secured and unsecured creditors, including landlords, tenants and employees, the debtor’s officers, directors and owners, and those interested in acquiring the debtor’s assets.

This course explains the Chapter 7 process and the role played by the Chapter 7 trustee, identifies the benefits and risks of the process, and provides strategies to optimize client outcomes, whether you represent the debtor, a creditor, or a potential purchaser of assets from a Chapter 7 estate. Many of these topics are equally applicable in consumer and business bankruptcy cases.

This course is presented by Jil Mazer-Marino, a partner in Meyer, Suozzi, English & Klein, P.C.’s bankruptcy department and a Chapter 7 Trustee for the Southern District of New York.


Learning Objectives: 

  1. Understand the responsibilities and motivations of the Chapter 7 Trustee and the roles played by the debtor, its management, creditors, the bankruptcy court and the Office of the United States Trustee
  2. Learn steps to maximize the effectiveness of the bankruptcy process for the commercial Chapter 7 debtor
  3. Identify strategies to maximize recoveries for unsecured and secured creditors
  4. Maximize opportunities for purchasers of assets from the Chapter 7 Trustee

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Jil Mazer-Marino

Cullen and Dykman

Jil Mazer-Marino is a partner in the firm’s Bankruptcy and Business Reorganization and Corporate Finance law practice.  Jil practices in the area of bankruptcy and creditors’ rights and is a chapter 7 panel trustee for the Southern District of New York. Jil has extensive experience representing debtors in possession, creditors’ committees and secured and unsecured creditors in large and complex chapter 11 bankruptcy cases. Her clients include chapter 7 and chapter 11 trustees, and plan administrators in all aspects of bankruptcy case administration. Jil also represents banks, indenture trustees, factors and other lenders in connection with debt collection, debtor in possession financing, and out of court debt restructuring. Jil has substantial experience in prosecuting and defending preference and fraudulent conveyance claims.    

Jil is the former secretary and currently a member of the Committee on Bankruptcy and Corporate Reorganization of the City Bar.  She is the 2019 recipient of the New York Institute of Credit Women’s Division’s Executive of the Year award.  She lectures frequently on the development of the law related to Cannabis and the intersection between bankruptcy law and intellectual property.



Reviews

DW
David W.

Very informative. Well organized. And straightforward.

TC
Thomas C.

Very good program.

CC
Camille C.

I thought Ms. Mazur-Marino presented the material very well.

BL
Brian L.

excellent presentation

JS
Jay S.

Best CLE I've done on Lawline. Speaker seemed very experienced and knowledgeable.

TW
TAMMY W.

Very helpful to a non-bankruptcy practicing attorney!

JS
jay s.

As an experienced bankruptcy attorney, I appreciate this course, because of the thorough and comprehensive presentation. Please continue to hire bankruptcy trustees or attorneys from top firms with bankruptcy departments. I see the difference between different presenters and would highly recommend this program and presenter.

JB
Julie A. B.

Interesting commentator. Enjoyed the course and took away solid tips.

MB
Melissa B.

Good presentation

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