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Training Guide

Chapter 11 Disclosure Statements and Orders


Training Guide

Chapter 11 Disclosure Statements and Orders

Remote or in person

What’s Covered

  • Process of drafting a disclosure statement
  • “Adequate information”
  • Typical contents of a disclosure statement
  • Common exhibits to a disclosure statement
  • Purpose and contents of a disclosure statement order
  • Forms of notices and ballots for different classes of creditors and other parties

Before the Session

Prepare the Attendees

Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.

Prepare Yourself

Watch the videos and read the exercise so you’re familiar with the Hotshot material.

During the Session

Part 1: Knowledge Check

Ask attendees these questions to ensure they understand the topic:

  • What is the purpose of a disclosure statement and when is it used?
  • What are the typical contents of a disclosure statement?
  • What exhibits are usually included with the disclosure statement?
  • What information does the disclosure statement order provide?
  • What types of notices are included with the disclosure statement, and what parties do they go to?

Part 2: Group Exercise

Lead a group discussion based on the exercise. To encourage collaboration, divide the attendees into groups to discuss the exercise, then have a representative from each group summarize their views to the larger group. Call on people to share their thoughts and ask others to respond.

Tip for remote sessions: use your web conferencing system’s breakout room feature to divide people into groups.

Part 3: War Stories and Firm Specifics

Share your own experiences and guidance, including:

  • Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
  • General practice tips (dos and don’ts)
  • Firm-specific guidance and practices

After the Session

To continue their learning, attendees can check out related courses in Hotshot’s Restructuring topic.

About Hotshot

Hotshot helps lawyers develop their legal, business, and technology skills through short videos, quizzes, and summaries, and we help law firms and law schools plan and deliver engaging training programs. Our customers include Am Law 200 firms, top law schools, and regional and international firms.

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