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Issues Impacting Unsecured Creditors in Crypto Bankruptcies

This panel will discuss the following issues regarding crypto, distinguishing customer property from property of the estate, understanding crypto valuation issues, distribution options in crypto cases, M&A risks and pitfalls, effectively using social media to communicate with a large customer base, juggling cash and crypto management, and debtor-on-debtor violence.

Look Ahead To 2023: Emerging Industries and Technology Committee

On February 15, 2023 the Emerging Industries and Technology Committee co-hosted its Look Ahead to 2023 with the Mediation Committee. The Emerging Industries and Technology Committee focused its presentation on its release of ABI Tech Bytes, an ongoing series of podcasts for ABI membership. Multiple podcasts are in production for release by the Annual Spring Meeting and this Committee is soliciting ideas from ABI membership for issues and content they would like to learn more about.

EI&T Committee Member Spotlight

EI&T Committee Member Spotlight

The committee is pleased to introduce its Committee Member Spotlight, a new newsletter feature that highlights members and their favorite things about ABI! Join us this quarter for our first installment featuring Rebecca F. Redwine, a partner at Hendren, Redwine & Malone, PLLC and the committee’s Education Director.

Member Details: Rebecca F. Redwine, Partner, Hendren, Redwine & Malone, PLLC

Buyk’s Chapter 11 Filing Highlights Industry-Wide Exposure to Knock-On Effects from Russian Sanctions

So-called “ultra-high-speed” delivery (UHSD) companies were a staple of the early pandemic metropolitan lifestyle. Apps and services like GoPuff and Instacart offered to have anything from diapers and detergent to cigarettes and beer sitting on your doorstep in 15 minutes or less. Even better, these delivery services minimized customers’ exposure to other risk vectors (read: people) and assisted with effective quarantining. Consequently, the demand for and value of these services exploded overnight. In 2021, InstaCart was valued at $39 billion.

Privilege in the Hands of Estate Fiduciaries, and Not Former Executives

A recent decision in the criminal case against the founder of a now-defunct-but-once-cutting-edge life science start-up affirmed that corporate attorney/client privilege lies in the hands of estate fiduciaries, not the company or its executives. The decision should also serve as a reminder to executives that to ensure that their communications remain privileged, they should delineate their personal interests in contrast to those of their company.

Background on Theranos and Elizabeth Holmes