Alameda County Bar Association

03/26/2019 / 12:00 PM - 01:30 PM

The Bankruptcy Code provides no specific treatment of a debtor/member’s LLC interest. Case law regarding the effect of a bankruptcy on a debtor/ member’s LLC interest is confusing and contradictory. Judges and counsel for trustees, creditors and debtors struggle with the issues: What happens to an LLC if a member of the LLC files for bankruptcy relief? Is the operating agreement of an LLC an executory contract ? Can a trustee assume the operating agreement? Can the interest of the debtor in an LLC be sold under §363? Join Jay D. Adkisson, renowned speaker and author, for a program that will explore issues that arise when a member/debtor of an LLC files for bankruptcy relief.

https://acba.intouchondemand.com/eventreg/eventreg?eventid=12595&mobileapp=0