Chicago office Partner-in-Charge Catherine Goldhaber will address near-term litigation strategies to mitigate impact. She will also explore considerations in long-term structuring, including how to address intertwined liabilities. She will discuss the relative considerations of bankruptcy vs. the critical issues affecting successful divestiture of entities holding legacy liability attempting to achieve finality through a true sale. Milan Ceppi from FARA Recovery will present issues and the advantages of divestiture of legacy liabilities through a true sale from the prospective of the long-term acquirer.