Bankruptcy Ethics and the High Cost of Noncompliance: Avoiding Discipline, Disgorgement, Sanctions, or Prison

This CLE webinar discusses the provisions of the Bankruptcy Code and other sources of authority, such as the Model Rules of Professional Conduct, that present numerous "traps for the unwary" in bankruptcy. The program analyzes how experienced--and otherwise exemplary--attorneys, financial advisers, and official creditors' committee members in specific Chapter 11 cases were disciplined, forced to disgorge fees, and in some cases imprisoned because they failed to correctly navigate the numerous and overlapping ethical and professional rules governing their conduct. The panel discusses how to avoid these missteps.