Bankruptcy Law Course Bankruptcy Law (Intro) What is “Bankruptcy”? What are the types of business bankruptcy? Who are the participants in the bankruptcy process? Key concepts behind the bankruptcy process? What rules govern the bankruptcy process? What the authority of the bankruptcy court? What is the authority of the trustee (debtor in possession) in bankruptcy? What assets of the debtor are included in the “bankruptcy estate”? What is the “automatic stay” in bankruptcy? What is a claim by creditors of the bankruptcy estate? What is voluntary and involuntary bankruptcy? What is the “Chapter 7” bankruptcy process? What is the “Chapter 11” bankruptcy process? What is the authority of the debtor in possession? Accept or reject contract? Avoiding powers? Stay of Proceeding? Use of Business Assets? Post-Petition Financing? What is appointment of a “trustee” or “examiner” in business bankruptcies? What is a “plan of reorganization”? What is “cramdown” of a reorganization plan? To what extent does the bankruptcy process relieve a debtor’s debts?