The Nuts & Bolts Of Bankruptcy Law: The Nuts & Bolts of Retention
Some lawyers and other professional persons in a bankruptcy case need court approval before they can represent their clients in chapter 11 proceedings. While retention may not be the most exciting aspect of chapter 11 practice, professionals will not last long in bankruptcy practice if they do not understand how to get retained and paid. This webinar explains the process for getting retained as a professional in a chapter 11 case. It discusses the requirements for obtaining court approval, the requirements for disclosing connections, and the rules regarding conflicts of interest.