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                                  Volume 2, Number 2

Young and New
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ABI World

FAQ on Bankruptcy Mediation
Written by Lester J. Levy

Introduction
The systematic use of mediation in complex bankruptcies can significantly shorten the amount of time that the estate must stay open and substantially reduce the transactional costs incurred in prosecuting preference actions and defending claims against the estate. With the continued rise in large bankruptcy filings, courts and the financial community are well served by these processes that have proven useful in other multiple-claims proceedings such as class actions and mass torts.
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ADR, Young & New Members Committee Plan Joint Program for 2004 Annual Spring Meeting

The Alternative Dispute Resolution (ADR) and Young and New Members Committees will hold a joint presentation on "Alternative Dispute Resolution in Bankruptcy" at the 2004 ABI Annual Spring Meeting, April 15-18. The presentation will include the how, when and where this process is used in the bankruptcy arena.

1. Overview of ADR, particularly mediation

2. Uses of ADR in bankruptcy

  • historical

  • circumstances for use

3. Case studies

  • hot topics

  • discussion of how each constituent is affected

This year's Annual Spring Meeting program includes workshops on a wide range of bankruptcy topics and up to 19 hours of CLE/CLP credit. Register today for the 22nd Annual Spring Meeting.