AIRA 40th Annual Bankruptcy and Restructuring Conference
Baltimore, MD
Chapter 9: An Overview
Chapter 9: An Overview
During the Association of Insolvency and Restructuring Advisors (AIRA) 40th Annual Bankruptcy and Restructuring Conference, Scott Williams moderated a discussion about the Chapter 9 process.
The program provided a general overview of the law and important provisions of the Bankruptcy Code that governs municipal bankruptcies. The panel discussion covered state-by-state differences in eligibility and process for relief in Chapter 9 bankruptcies as well as some of the unique aspects that make this type of reorganization unlike typical Chapter 11 restructurings. Finally, the panel discussed unique political challenges associated with practicing in Chapter 9 matters.