Thursday, June 11 | 2:00 PM EST
MASS TORT BANKRUPTCY WEBINAR
Mass Tort Bankruptcies: If You Don’t Understand Them, You Are Losing Huge Amounts of Money
A majority of lawyers fail to understand how bankruptcy in a mass tort case works. Because of that they are failing to collect millions of dollars that their clients are clearly entitled to. In addition to that problem, even experienced lawyers don’t understand that they should continue signing up cases for injured consumers even when the defendant company is involved in bankruptcy re-organization. Failure on the part of the lawyer to understand the process of collecting money for injured consumers in a Bankruptcy setting is a remarkable failure both to the lawyer practitioner and to that lawyer’s client. Take time to finally educate yourself about how you may be failing your clients and your business by not understanding Mass Tort Bankruptcy Litigation.
Topics to Include:
- Mass Tort Bankruptcy: What it is costing you not to understand this process.
- You must be on the Creditors Committee: We will tell you how to do that.
- If you don’t understand the strategies behind Mass Tort Bankruptcy, you’re costing your clients and firm huge money.
- Now more than ever, law firms must pivot towards litigating In Mass Tort Bankruptcy.
- It is time to develop a business relationship with a seasoned Mass Tort Bankruptcy Firm.
You will receive login instructions the morning of each webinar, at 10am EST.
|*MTMP Connect webinars are limited to attendees engaged primarily in civil Plaintiff representation or criminal Defense representation. It is strictly forbidden for an individual to access a webinar if he/she or any law firm member is associated with or working in any way connected to the defense of any case or case type that may be covered during the webinar.|
|Boy Scouts of America Bankruptcy: Anne Andrew’s & her client named to creditors committee|
|Anne Andrews, managing lawyer of Andrews & Thornton, is committed to helping people whose rights are thrown into bankruptcy. The firm has successfully led damaged claimants to full and fair compensation in bankruptcy in the past and X Social is currently working with Anne and her firm on the Boy Scout bankruptcy.|
The Boy Scouts of America filed bankruptcy in February 2020. The bankruptcy filing was admitted to be the consequence of decades of abusive behavior by adult leaders.
The Benefits of a Chapter 11 Reorganization
The benefits of a Chapter 11 reorganization are many. If you’re engaged in litigation against the company that files under section 362 of the bankruptcy code, the automatic stay is in effect after filing the petition, so it may stop trials and expensive discovery. It also freezes the assets effectively to preserve them for creditors, including tort victims who can be the single largest creditor group in a mass tort against a company. This was the case in the recent PG&E case, where a $13.5 billion plan is pending confirmation for fire victims, as well as many others.The Official Committee
The application process requires documentation of the claim and an interview by the United States trustees’ office. Experienced counsel are often selected to serve based on their success in completing Chapter 11 bankruptcies and understanding the roles necessary to conclude a case with confirmation of a plan. You may want to consider applying for a seat on an official committee for your client. We will be covering this complicated and interesting process in part II of this series.Necessary Preparation in Advance of a Chapter 11 Filing
Andrews & Thornton has the skill set and is available for consulting with firms that have concerns that companies they are either engaged in litigation with or about to engage in litigation may have limited resources to pay their debt and tort claims from insurance and assets. What we suggest is you reach out to us in advance of the filing, as many things can be done to “set the table” for victims of mass tort by engaging with the debtors’ counsel. We have relationships with most of the larger firms who have represented the biggest corporations in mass tort bankruptcies. We are ready to assist those reading this newsletter to consult on how you might organize in order to be successful.The future of mass tort may well rest on the success we can bring within the bankruptcy context. Only the most experienced law firms have navigated these waters as many times as Andrews & Thornton has. Contact us for a consultation if you need us to review the facts and plan a strategy with you.You can reach out to Andrews & Thornton directly or we can make an introduction for you.ANDREWS & THORNTON
4701 Von Karman Ave., Suite 300
Newport Beach, CA 92660
Tel: (949) 748-1000
|Here are just a few of the over 100 current types of campaigns we are running and the current cost per lead as well as what we are seeing per signed retainer through our intake partners.|
Under 2K Signed
$68.87 -$107 CPL
$500-1k Signed (depending on cancer)
|Don’t see the campaign you want here? Just ask us!|
|X Social Media LLC,|
A Facebook Ad Agency For Lawyers
|Becoming A Client Of X Social Media LLC|
It’s easy to become a new client!
First you give us a call or write us an email with what campaign you are interested in running. We can help you with an outsourced call center, ref. attorneys…etc, if you need it. We will then setup the landing page up for your firm ($750) and setup the ads and campaigns to produce leads for your firm. We charge Facebook advertising costs +15% as our management fee and a one-time fee per campaign of $750 to make the 3-page landing page for you.
When you get the landing page out for review check that everything is like you want it and we are ready to start your campaign. Normally we see 3-4 days from order to campaign start.
Don’t see the campaign above you want to run? Don’t worry we are running about 110 different campaigns right now. Just ask us, we are an open book!
Don’t know us? Don’t worry, we are currently working with 350 plaintiff law firms and we are happy to provide ref. in your area to check us out.
We look forward to hearing from your firm and getting a campaign going as soon as possible.
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