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BBA Webinar: POSTPONED: Coverage Crossroads: Title Insurability at the Bankruptcy Intersection

Tuesday, May 3, 2022 12:00 PM to 1:30 PM
On-Line


Description:

The BBA presents live webinars and virtual events via Zoom. Please register for this program through your BBA account at least two hours before the start time of the program to receive the Zoom webinar link.

Metes and Bound: The Intersection of Real Estate and Bankruptcy

Metes and Bounds gave people a way to designate, own, buy, and sell real property. The Bankruptcy Code and accompanying case law have created conflicts which have certain impacts on debtors, creditors, trustees, lenders, and title insurers. The Bankruptcy Section is presenting a two-part series on the intersection between real estate and bankruptcy. Sign up for one or both of the panels in this two-part series to explore the intricacies of real estate when it “metes and bounds” with the complexities of the Bankruptcy Code! Register to attend part one here.

Part 2: Coverage Crossroads: Title Insurability at the Bankruptcy Intersection

The purchase or sale of real estate or the ability to borrow against real estate when a bankruptcy is involved has created countless instances where a lender and/or a title insurer is unsatisfied, and transactions either cannot proceed or require protracted efforts to clear a title. This interactive presentation will include a panel comprised of representatives from multiple (3) title insurance companies and John Desmond, a Chapter 7 Trustee. 

The panel will be moderated by Marcus Pratt, counsel to secured creditors, and Nina M. Parker, counsel to individual and corporate debtors, and is intended to provide practical tips and a guide to “insuring” that a sale or borrowing can be effectuated, and title insurance issued. Topics to be addressed include: 

  • Are relief orders required even in cases where a property is surrendered in a confirmed plan?
  • How do you perfect a discharge when a junior lien(s) is/are stripped-off by virtue of a confirmed Chapter 11 or Chapter 13 Plan or by an allowed 363 sale motion?
  •  How does a bankruptcy trustee satisfy requirements arising under a purchase and sale agreement?
  • What does an order on a 363 sale motion need to include to satisfy the title insurer for a buyer?
  •  Borrowing: is a borrowing motion and a cash collateral order enough to protect the lender?
  • The intersection of the Bankruptcy Code and the Land Court Rules – can they both be satisfied by a sale motion and/or a court order?

Registration Categories:
BBA Member - Free. Included as part of your membership.
Non-Member - $100.00

BBA Webinars & Virtual Events are supported by the Joan B. DiCola Fund. To learn more or support this fund, click here

Sponsoring Section/Committee(s):

Speakers:

 

Contact:

Noah Williams
nwilliams@bostonbar.org

 

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