
Financial Poise Webinars™ announces “Help, My Business is In Trouble!,” a live webinar premiering August 30th at 2:00 PM CST. This webinar is co-produced by West LegalEdCenter™ and part of the “Restructuring, Insolvency & Troubled Companies 2023” series. It will feature Thad Wilson (King & Spalding LLP); Gary W. Marsh (Troutman Pepper); Candice Kline (Saul Ewing LLP); Jonathan Friedland (Much Shelist, P.C.); and Matthew Christensen (Johnson May).
When a business becomes financially troubled, the business owner often experiences denial, paralysis, or both.
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.
Learn More or Register:
https://westlegaledcenter.com/program_guide/course_detail.jsf?courseId=100299230.
Note: If you or your firm are subscribed to West LegalEdCenter™, this webinar is included in your subscription at no additional cost.
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