Chapter 11 Reorganization: Process and Players
Chapters in this video
- 0:00 Chapter 11 purpose and automatic stay trigger
- 1:28 What the stay halts and relief from stay mechanics
- 2:19 Executory contracts: assume, reject, or assign
- 3:30 Debtor in possession versus U.S. Trustee versus Chapter 11 trustee
- 5:00 UCC and ad hoc committee fee distinctions
- 5:36 Zone of insolvency and fiduciary duty shift
- 6:03 Clawback windows: 90 days, 1 year, 2 years
- 7:16 Rapid-fire exam recap
What this video covers
- The automatic stay: exactly when it triggers, what it halts, and how a creditor secures relief from it
- Executory contracts and leases: the three paths of assumption, rejection, and assume-and-assign, plus the damage claim that rejection creates
- Debtor in possession status: why the DIP keeps control by default and what powers transfer with that role
- The U.S. Trustee versus a Chapter 11 trustee: why these are entirely separate roles and what misconduct triggers a trustee appointment
- The Official Committee of Unsecured Creditors versus ad hoc committees: fee payment rules and your UCC appointment mechanics
- Fiduciary duty shifts in the zone of insolvency: why creditors displace equity as the residual claimants in deep financial distress
- Clawback windows: 90 days for general preferential transfers, one year for insiders, and two years for fraudulent transfers under federal law
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