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The Bankruptcy Code's Best-Kept Secret: How Chapter 12 Can Protect and Transform the Farm

6 Nov 2020

The Bankruptcy Code's Best-Kept Secret: How Chapter 12 Can Protect and Transform the Farm

12:00pm - 1:30pm

Virtual

A free, virtual seminar hosted by the U.S. Bankruptcy Court and the Center for Agriculture and Food Systems.

While bankruptcy is often associated with negative connotations, filing for Chapter 12 relief can also present opportunity for farmers. Not only can it help farms avoid or recover from financial distress; it can also help save taxes due when transferring a farm, and greatly expand farmers’ options to sell, transfer, or transform their operations. 

If you or your organization advises, loans to, or works with farmers, join our free webinar to learn about this potent yet under-utilized tool. A panel of experts will share how the Chapter 12 option works, equipping you with information essential to advising the agricultural community in any state.

A recording of the event is available here.

A PDF of the slides from the event is available here.

 

Panelists Include: 

Colleen A. Brown, U.S. Bankruptcy Judge, as moderator;

Jan M. Sensenich, Chapter 12 Trustee;

Peter Fitzgerald, Vermont Economic Development Authority; and

Rebecca Rice, a chapter 12 debtor’s attorney.

This educational event is brought to you by the Vermont Legal Food Hub, a joint initiative of the Conservation Law Foundation and the Center for Agriculture and Food Systems, with funding from the USDA National Agricultural Library.

 

The Bankruptcy Code's Best-Kept Secret: How Chapter 12 Can Protect and Transform the Farm

Questions? Concerns? Contact Molly McDonough at mmcdonough@vermontlaw.edu