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Help, My Business is In Trouble!
When a business becomes financially troubled, the business owner often experiences denial, paralysis, or both. Lenders commonly lose confidence and then trust in the business, as communications tend to break down, deadlines are missed, and promises are broken. Small business owners commonly have issued personal guarantees, so business failure can often lead to personal financial stress. The good news is the business and business owner usually has some options, and even some leverage. This webinar explains what a business owner should- and should not- consider and do when dealing with financial trouble. Specific topics include discussion of bankruptcy (Chapters 7 and 11); assignments for the benefit of creditors; and friendly foreclosures. This webinar provides the business owner and her advisors with an overview of various restructuring and liquidation methods, a framework for how to decide between them, and practical tips for traversing the difficult environment that is financial distress.
View PowerPoint Slides • View All Webinars in Restructuring, Insolvency & Troubled Companies 2022
Webinar Faculty
Moderator:
Thaddeus D. Wilson
Thad Wilson is a partner in the Atlanta office of King & Spalding and a member of the firm’s Financial Restructuring practice. Thad has represented a broad spectrum of clients in… Read More
Panelists:
Dan Bender
Dan is the co-founder and a Principal with Stoneleigh Group and brings an extensive background in consulting and management roles, including process evaluation, design, and implementation and cost reduction initiatives… Read More
Gary Marsh
Gary is a veteran restructuring attorney focused on all aspects of bankruptcy, workouts, debtor and creditor law, and general commercial litigation. He represents debtors and creditors in Chapter 11 cases,… Read More
