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Rafael X. Zahralddin, Delaware Life Fellow, Featured as Panelist at the American Bankruptcy Institute 23rd Annual Southeast Bankruptcy Workshop

July 25, 2018, Fellows in the news

Rafael X. Zahralddin, Delaware Life Fellow and a director and shareholder at Elliott Greenleaf P.C., will be a featured as a panelist at the American Bankruptcy Workship Institute 23rd Annual Southeast Bankruptcy Workshop. The conference will be held July 26th-29th at the Ritz Carlton in Amelia Island, Florida.  

The panel will discuss the intersection between bankruptcy law and the law governing limited liability companies ("LLC").  They will track the evolution of LLC statutes and related state caselaw and how bankruptcy law has adapted to address the rapidly changing LLC legal landscape. The panelists will examine how the United States Federal Bankruptcy Code interacts with state law, reviewing a variety of areas that have been addressed by the Courts including:

  • who has the authority to file an LLC's bankruptcy petition; 
  • the effect of bankruptcy remoteness provisions on the LLC; 
  • ipso facto clauses; 
  • operating agreements and their status as an executory contracts; 
  • the sale of LLC assets, particularly member interests; 
  • lender exposure; 
  • charging orders; and
  • the automatic stay.

The panel will be moderated by Elizabeth A. Green of BakerHostetler.  

Zahralddin, a director and shareholder, is the Chair of the Commercial Bankruptcy and Restructuring Practice at Elliott Greenleaf, P.C. 

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