Ethics

This session will provide a timely and practical overview of the current economic landscape, highlighting key trends shaping markets and industries. Included in the discussion will be the broader economic outlook, an assessment of the implications of the recently enacted One Big Beautiful Bill Act across various sectors, and an analysis of the current state and future trajectory of U.S. tariff policy.

As generative AI becomes part of the bankruptcy and restructuring toolbox, professionals face exciting opportunities — and serious obligations. This interactive panel will dive into real-world uses of AI tools, best practices for effective prompting, and the ethical rules you really don’t want to break. The panelists will include live demonstrations and audience Q&A, and discuss how courts and clients are responding to this fast-changing landscape.

This session will examine current developments in chapter 11 professional ethics, including recent court decisions and best practices in disclosure for retained professionals. The panelists will discuss these issues in the context of certain factual hypotheticals intended to explore current case developments and the outer boundaries of chapter 11 disclosure and ethics rules and practice, including relating to the use of artificial intelligence technology in litigation.

Fee applications, preferences and clawbacks, oh my! Getting paid before and after bankruptcy has its pitfalls. This session will help you navigate potential problems to ensure you get paid while staying on the right side of the Ethics Board.

This panel explores the ethical implications of AI in legal practice, focusing on fee issues and providing tips for crafting effective prompts. The panelists discuss how AI tools are reshaping billing practices and the standards for reasonable compensation, as well as practical strategies for integrating AI while maintaining ethical standards. Discover how to create powerful prompts that maximize AI's potential and ensure transparency with clients and courts. Don't miss this insightful conversation!

This panel discusses idiosyncrasies and potential ethical traps of the attorney/client privilege laws in the Caymans and the U.S., and when those laws apply, even in recognition and other cross-border matters.

Hosted by Commercial Fraud & Ethics and Professional Compensation Committees This session will provide an overview of recent high-profile cases, including those of FTX, Kenneth Chesebro, Rudy Giuliani and Judge David R. Jones, and discuss the ethical issues raised, including the limits of advocacy, responsibility of the profession, duty of candor and truthfulness, prohibition on assisting in criminal activity, and the duty to report professional misconduct.

Everyone knows that estate professionals must be disinterested and able to represent the debtor free of conflicts. But what happens when the professional represents a related nondebtor party — for example, the private-equity sponsor or the sole member/shareholder? What if the professional has relationships with others in the case? The professional may bring significant experience and value to the table, some being derived from its prior representation of the debtor, creditors or others involved in the case. When do these considerations outweigh the interests of the estate and the integrity of the system? Is disclosure of the potential conflicts and relationships enough? This panel will explore these and related issues to help guide professionals and judges alike.

Generative artificial intelligence (Gen AI) has the potential to transform various industries, including legal practice, where it offers numerous advantages and some challenges. This panel will explore foundational concepts of Gen AI, its potential uses in bankruptcy law, and the necessary precautions attorneys must take to avoid ethical pitfalls.