Chapter 11 Reorganization: Process and Players

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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

Read the full lesson, free

This video's complete written lesson is free to read in the CertFuel app, no signup wall. The complete Series 79 course also includes adaptive practice questions and spaced-repetition flashcards.

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