Insolvency & Restructuring partner Cecily Dumas recently facilitated a panel on special bankruptcy issues in connection with LLCs during the American Bankruptcy Institute’s Bankruptcy 2017: Views from the Bench event at the Georgetown University Law Center in Washington, DC. During the panel, Dumas and moderator Martin Bienenstock, a renowned bankruptcy lawyer, discussed with four bankruptcy court judges the viability of bankruptcy-remote LLC structures and the fiduciary duties of members. The group also explored derivative claims, special concerns regarding single-member LLCs, and sales of LLC interests.

Watch the video below for a summary of the panel’s insights.