Before the Session
During the Session
Ask attendees these questions to ensure they understand the topic:
- What limitations are there on how a plan designates classes of claims and interests?
- What does it mean for a class to be “unimpaired”, and what if anything does a plan have to state about unimpaired classes?
- What does a plan need to state about impaired classes?
- What are “death trap” provisions and why are they used?
- Can a plan treat one claim in a particular class differently than other claims?
- What are some discretionary provisions that may be included in plans?
Part 2: Group Exercise
- 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
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