The mission of the Business Law Education Committee is to facilitate the development of business law education at all levels. The Committee's focus includes the business school, law school, and other lawyer training contexts. The Committee seeks to encourage collaboration among practitioners, educators, and students from these different venues, particularly through joint programs with the substantive law committees.
Your client has decided that it can no longer operate and has further decided that a Chapter 11 Reorganization is too expensive, yet the Board has a duty to maximize value for stakeholders. What options are available that will allow the Board to fulfill its duties and avoid personal