On Tuesday, June 20, Jeffrey I. Golden, Lobel Weiland Golden Friedman LLP, presented on the Orange County Bar Association (OCBA) Commercial Law & Bankruptcy section panel “Chapter 11- Recent Development and Confirmation Issues” with distinguished colleagues Hon. Scott C. Clarkson, U.S. Bankruptcy Court; Todd C. Ringstad, Ringstad & Sanders LLP; and Richard H. Golubow, Winthrop Couchot Golubow Hollander, LLP. Charity J. Miller, Goe & Forsythe, LLP served as moderator.
Attendees learned about recent and critically important case law affecting the confirmation of Chapter 11 plans. The panel discussed recent decisions from the Ninth Circuit, including Sunnyslope Housing LP and New Investments, Inc., and commented upon how they affect issues such as collateral valuation, cram down interest rates, curing default interest, and the new value exception to the absolute priority rule.