Lisa S. Tsai with Reid Collins & Tsai LLP Presents at The Knowledge Group's Event
09/08/2016

Lisa S. Tsai with Reid Collins & Tsai LLP Presents at TKG's Post-Confirmation Liquidation and Litigation Trusts in Bankruptcies Event

Online PR News – 08-September-2016 – New York, NY – The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Lisa S. Tsai, Partner with Reid Collins & Tsai LLP, will speak at The Knowledge Group’s webcast entitled: “Post-Confirmation Liquidation and Litigation Trusts in Bankruptcies: Best Practices and Practical Guide.” This event is scheduled for November 21, 2016 from 12:00pm – 2:00pm (ET).

For further details, please visit: https://theknowledgegroup.org/post-confirmation-liquidation-litigation-trusts/

About Lisa S. Tsai

Lisa S. Tsai is a founding partner at Reid Collins & Tsai LLP, a trial firm with offices in Austin, Dallas, New York, and Washington, D.C. Lisa has represented clients in a wide variety of complex commercial matters, including insolvency litigation, financial fraud cases, breach of fiduciary duty lawsuits, professional negligence actions, and intellectual property disputes. In 2014, Lisa obtained a Top 50 Verdict in the United States. In 2015, following a lengthy jury trial and bench trial, Lisa and her team won a $287.5 million judgment against Credit Suisse for breaching its contractual duties and fraudulently inducing a group of funds into investing $250 million in a $540 million loan to the developers of the Lake Las Vegas Resort. This year, Lisa was named to the list of 2016 LawDragon 500 Leading Lawyers in America, which recognizes the most elite lawyers in the profession. Lisa has been named a “Super Lawyer” by Texas Monthly for the last three years. Lisa received her A.B. in Politics, with highest honors, from Princeton University. Lisa received her J.D., with honors, from The University of Texas School of Law, where she served on the Texas Law Review and was selected to the Order of the Coif. Following law school, Lisa served as a judicial law clerk in the United States District Court for the Southern District of Texas and a litigation associate at Latham & Watkins LLP in Los Angeles, California.

About Reid Collins & Tsai LLP

Reid Collins & Tsai LLP is a nationally recognized trial firm that prosecutes high-stakes, complex business cases. In 2015, RCT was named Litigation Department of the Year Finalist by the Texas Lawyer. And this year, RCT was one of ten law firms selected to the 2016 National Law Journal Litigation Boutiques Hot List. RCT represents bankruptcy trustees in the United States and offshore liquidators around the world in investigating and prosecuting claims against directors and officers, third-party professionals, and financial institutions arising from large insolvencies. RCT represents investment managers, hedge funds, state pension funds, and other investors who have been victims of massive financial frauds in bringing claims against global investment banks, top-tier law firms, and other culpable third parties. RCT represents whistleblowers in filing qui tam actions to expose corporate malfeasance and wrongdoing, which has resulted in some of the most notable state interventions in history. RCT represents individuals and technology companies whose intellectual property rights have been infringed by contract or under law. Today, RCT has 28 lawyers across four offices in Austin, Dallas, New York, and Washington, D.C.

Abstract

In liquidating chapter 11 cases and also in reorganizations, post-confirmation liquidation and litigation trusts have been common for decades. These tools assist in separating the reorganized entity from the remaining bankruptcy and non-bankruptcy litigation to be completed in a case and also provide a generally tax-efficient mechanic to handle post-confirmation matters in a liquidating chapter 11. However, frequently trust agreements and their application lead to unintended and negative results, and the fact such entities operate in a post-confirmation environment with less court oversight does not diminish the need for transparency and engaged creditor/trust beneficiary oversight. It is imperative for creditors and recurring trustees, and for investors and other stakeholders that interact on a regular basis with the chapter 11 process, to keep themselves aware of the recent legal and practical developments.

In this two-hour LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help the audience understand the fundamental and complex aspects of this significant topic. They will provide an in-depth discussion of Post-Confirmation Liquidation and Litigation Trusts in Bankruptcies. Speakers will also offer best practices in maximizing the benefits of post-confirmation trusts while ensuring compliance with bankruptcy and applicable non-bankruptcy law.

Key issues that will be covered in this course are:

- Post-Confirmation Liquidation & Litigation Trusts – An Overview
- Common Challenges to Litigation Trusts
- Scope and Limitations of Trust Agreements
- Trust Agreement Indemnification and Exculpation Provisions
- Tax Treatment of Liquidation and Litigation Trusts
- Trust Oversight Committees
- Selection of Trustee
- Trust Reporting
- Section 1123 Claim Preservation Requirements
- Trading of Trust Interests
- Other Key Issues and Recent Case Developments

About The Knowledge Group/The Knowledge Congress Live Webcast Series

The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/