As a member of the Bankruptcy & Restructuring Group at Cooley Godward Kronish LLP, I wanted to let you know that we have just launched a new quarterly newsletter called Absolute Priority. The newsletter give updates on current developments in bankruptcies and workouts with the goal of keeping you "ahead of the curve" on these issues. You can access a copy of the first edition here and can register to receive future editions.
The inaugural edition is focused on the first year of experience under the October 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (known as BAPCPA). It includes articles on:
- Key Employee Retention Plans (known as KERPs)
- Creditor committee disclosure requirements
- Reclamation rights and the new 20 day goods administrative claim under BAPCPA, and
- Commercial real estate leases.
A two-page chart on M&A transactions involving Chapter 11 cases and an update on some of the bankruptcy and workout matters we have handled recently are also included. The newsletter starts with a welcome from my partner, Lawrence Gottlieb, the Chair of our Bankruptcy & Restructuring Group, and a note from another of my partners, Adam Rogoff, the editor of Absolute Priority.
I hope you find Absolute Priority informative and helpful.