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Navigating Receiverships ABCs and Bankruptcy: A Comparative Analysis for Lenders and Creditors

2025-04-25 13:00:00

2025-04-25 13:00:00

2 Credits

Comprehensive comparison of ABCs, receiverships, and bankruptcy proceedings, examining legal frameworks, strategic advantages, and stakeholder considerations for insolvency practitioners.

2025-04-25 13:00:00

Comprehensive comparison of ABCs, receiverships, and bankruptcy proceedings, examining legal frameworks, strategic advantages, and stakeholder considerations for insolvency practitioners.

2025-04-25 13:00:00

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Course Overview

Navigating Business Insolvency Proceeding Options

Participants will learn to evaluate and select among ABCs, receiverships, and bankruptcy proceedings for financially distressed businesses. Gain practical guidance on advising debtors and creditors through complex insolvency decisions.

Proceeding Comparison

Analyze key differences between insolvency options.

Strategic Selection

Match proceeding type to client circumstances.

Stakeholder Interests

Balance competing debtor and creditor priorities.

Asset Acquisition

Navigate due diligence in insolvency transactions.

Course Overview

Navigating Business Insolvency Proceeding Options

Participants will learn to evaluate and select among ABCs, receiverships, and bankruptcy proceedings for financially distressed businesses. Gain practical guidance on advising debtors and creditors through complex insolvency decisions.

Proceeding Comparison

Analyze key differences between insolvency options.

Strategic Selection

Match proceeding type to client circumstances.

Stakeholder Interests

Balance competing debtor and creditor priorities.

Asset Acquisition

Navigate due diligence in insolvency transactions.

Why Attend

Why this 
program matters

Understanding insolvency proceedings is critical for legal practitioners as rising bankruptcy filings and complex restructuring options demand informed counsel to protect client interests.
574k+
Total bankruptcy filings in the U.S. in 2025, an 11% increase over the previous year according to the Administrative Office of the U.S. Courts.
51%
Plan confirmation rate for Subchapter V small business debtors, approximately double the success rate of traditional small business Chapter 11 cases per U.S. Trustee data.
11%
Year-over-year increase in Subchapter V small business bankruptcy elections to 2,446 filings in calendar year 2025 according to the American Bankruptcy Institute.
6.5
Median months from filing to plan confirmation in Subchapter V cases compared to 10.5 months for traditional small business Chapter 11 cases per U.S. Trustee data.

Agenda

Session 1

Understanding the Legal Framework of Receiverships

Break

Networking Break

Session 2

Understanding the Legal Framework of ABCs

Session 3

Navigating Creditor, Debtor, and Investor Stakeholder Interests

clock 1:00 pm - 2:00 pm EST

Understanding the Legal Framework of Receiverships

Jaime B. Leggett

Bast Amron

This session explores the statutory basis for state court receiverships, including model receivership statutes, and examines the legal powers and duties of receivers managing distressed businesses. Attendees will analyze strategic advantages of receiverships, compare them to ABCs and bankruptcy proceedings, and review real-world case studies demonstrating successful implementation.

Jaime B. Leggett

Bast Amron

clock 2:00 pm - 2:10 pm EST

Networking Break

Jaime B. Leggett

Bast Amron

A short break providing attendees the opportunity to refresh and network with fellow participants. Use this time to reflect on key receivership concepts before moving to the next session.

Jaime B. Leggett

Bast Amron

clock 2:10 pm - 2:40 pm EST

Understanding the Legal Framework of ABCs

Jaime B. Leggett

Bast Amron

This session covers the statutory basis for assignments for the benefit of creditors and the powers and duties of assignees in collecting and liquidating assignment estates. Participants will examine strategic advantages of ABCs, compare them to bankruptcy and receiverships, and explore best practices through real-world case studies.

Jaime B. Leggett

Bast Amron

clock 2:40 pm - 3:10 pm EST

Navigating Creditor, Debtor, and Investor Stakeholder Interests

Jaime B. Leggett

Bast Amron

This session explores the roles and rights of various stakeholders including creditors, debtors, and investors within receivership and ABC processes. Attendees will learn strategies for managing conflicts, prioritizing competing claims to maximize asset recovery, and implementing effective communication practices to keep stakeholders informed and aligned.

Jaime B. Leggett

Bast Amron

01 04
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Key topics that will be covered

What will you learn

Attorneys will learn the legal frameworks, strategic advantages, and practical considerations for assignments for benefit of creditors, receiverships, and bankruptcy proceedings.

What will you gain

Attorneys will gain guidance on advising clients through complex insolvency decisions, including stakeholder considerations for creditors, debtors, and investors.

Legal Framework
Overview of ABCs, receiverships, and bankruptcy proceeding types and requirements.
Strategic Analysis
Comparative pros and cons of each insolvency option for different scenarios.
Receiverships
Court-supervised remedy appointing neutral parties to manage distressed assets.
Bankruptcy Options
Chapter 7 liquidation versus Chapter 11 reorganization powers and limitations.
Stakeholder Interests
Key questions for debtor and creditor counsel when selecting proceedings.
Due Diligence
Asset acquisition considerations including indemnification and warranty limitations.

What will you learn

Attorneys will learn the legal frameworks, strategic advantages, and practical considerations for assignments for benefit of creditors, receiverships, and bankruptcy proceedings.

What will you gain

Attorneys will gain guidance on advising clients through complex insolvency decisions, including stakeholder considerations for creditors, debtors, and investors.

Plans

Proven CLE solutions for every legal professional

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Price
$95 – $245
Price varies based
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Included Included Included
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Exclusive Partner Webinars & Events Included Included
Special credits (Ethics, Elimination
of Bias, etc.)
Included Included
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Personalized CLE Platform Included Included
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Individual Purchase
Basic
Premium
Corporate CLE Plan
$95 – $245
Price varies based
on the course duration
of 1 to 3+ hours
Access type Pay per
class
Number of Available Webinars 1
Number of New Webinars Added Yearly Limited
Earn "Live" CLE credit Included
Ability to Ask Questions During
the Presentation via a Chat Box
Included
Attend "Live" Re-Broadcasts Included
Exclusive Partner Webinars & Events
Special credits (Ethics, Elimination
of Bias, etc.)
Instant Certificates After Completion
Personalized CLE Platform
Live Conferences
Bootcamps

speakers

Joe Ervin

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Kevin Foley

Reminger Co
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Grant H. Lawson

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Jaime B. Leggett

Bast Amron

Jaime B. Leggett

Bast Amron

Jaime Leggett practices in the areas of bankruptcy and complex commercial litigation, with experience in director and officer liability claims, representing trustees, creditors, equity holders, and debtors in various proceedings.

Experience

His experience includes investigating and prosecuting director and officer liability claims; representing trustees, creditors, equity holders, and debtors in bankruptcy proceedings along with assignees, creditors, and assignors in assignment for the benefit of creditors proceedings; federal and state court commercial litigation; and trials in federal, bankruptcy, and state courts nationwide. Prior to joining Bast Amron, he worked for a firm in New York City handling complex commercial and bankruptcy litigation. He served as a law clerk to U.S. Bankruptcy Judge Allan Gropper of the Bankruptcy Court for the Southern District of New York and U.S. Bankruptcy Judge Arthur Weissbrodt of the Bankruptcy Court for the Northern District of California.

Jaime B. Leggett

Bast Amron

Jaime Leggett practices in the areas of bankruptcy and complex commercial litigation, with experience in director and officer liability claims, representing trustees, creditors, equity holders, and debtors in various proceedings.

Experience

His experience includes investigating and prosecuting director and officer liability claims; representing trustees, creditors, equity holders, and debtors in bankruptcy proceedings along with assignees, creditors, and assignors in assignment for the benefit of creditors proceedings; federal and state court commercial litigation; and trials in federal, bankruptcy, and state courts nationwide. Prior to joining Bast Amron, he worked for a firm in New York City handling complex commercial and bankruptcy litigation. He served as a law clerk to U.S. Bankruptcy Judge Allan Gropper of the Bankruptcy Court for the Southern District of New York and U.S. Bankruptcy Judge Arthur Weissbrodt of the Bankruptcy Court for the Northern District of California.

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The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.  

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