At the dawn of the Obama Administration, businesses are facing the hard challenge of survival in recession, and an increasing number are considering and may utilize Chapter 11 of the Bankruptcy Code. At the same time, there will be increased attention on protecting the environment. What happens to environmental protection obligations during and after Chapter 11? Can they be reconciled, and will environmental obligations stand in the way of successful reorganization? Can we protect jobs and the environment? These issues have already been getting a lot more attention, and that trend will likely continue in the coming years. Join Joel Gross, a partner in Arnold & Porter LLP and former Chief of the Environmental Enforcement Section at the Department of Justice, as he discusses (i) how these issues have been addressed in a number of prominent recent and ongoing cases; (ii) practical lessons for debtors operating in Chapter 11, for governmental regulators, and for other environmental creditors; and (iii) how key open issues in this area are likely to be resolved by the courts and/or by Congress.