Cannabis and Insolvency (ECB230914-2B)

Thursday, September 14, 2023

1:45 PM to 2:45 PM

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Presented by the Commercial Law and Bankruptcy Section

About the Program

Recreational cannabis became legal in Connecticut this year.  According to a January 10, 2023 article in the Associated Press: "Legal Recreational Marijuana sales Start in Connecticut" as many as 40 dispensaries, along with dozens of other cannabis-related businesses, are expected to eventually open in Connecticut by the end of 2023.  This panel will discuss the unique insolvency and restructuring issues facing the cannabis industry and related options, including assignments for the benefit of creditors, receiverships, and bankruptcy.  The panel will also explore available safeguards when you counsel clients who are interested in investing in cannabis companies.    

You Will Learn

About the current, evolving law and practical considerations regarding financial restructurings in the cannabis industry

Who Should Attend

Attorneys interested in insolvency and restructuring issues related to the Cannabis industry.

CLE Credit

CT: 1.0 CLE Credit (General)
NY: 1.0 CLE Credit (AOP)

The Connecticut Bar Association/CT Bar Institute is an accredited provider of New York State CLE. This program qualifies for newly admitted and experienced attorneys CLE credits. 

Attorneys seeking NY CLE credit who have been admitted to the New York State Bar for two years or less must attend the live seminar for skills or ethics credit, a fully interactive videoconference, or simultaneous transmission with synchronous interactivity. Diversity, Inclusion and Elimination of Bias CLE credits are only available as non-transitional credits. For further information please see the NYCourts.gov page on CLE: http://ww2.nycourts.gov/attorneys/cle/index.shtml. 

Speakers

Katz, Elizabeth1 Chief Judge Elizabeth D. Katz
U.S. Bankruptcy Court, District of Massachusetts, Springfield, MA

Tiffany Liff1 Tiffany Liff
Entourage Effect Capital, Dallas, TX

Rosell-Jason1 Jason Rosell
Pachulski Stang Ziehl & Jones LLP, San Francisco, CA