Bankruptcy Considerations for Businesses
Created on October 04, 2019
For corporations facing insolvency, cash flow, and other business problems, bankruptcy can be a strategy for success, and there are a wealth of options for utilizing this strategy. This course, taught by bankruptcy attorney Wayne Greenwald, will present an array of bankruptcy and non-bankruptcy options to resolve a variety of business issues. It will also address Entrepreneur Rescue for those entities' owners.
The program will cover remedies for specific problems, including: total business failure; cash flow issues; tax debt; recapitalization; business-killing problems; problem assets; burdensome contracts and leases; shareholder litigation; litigation; and forgiveness of debt income. For each scenario, the course will also help attorneys identify who gets "saved": the business, the owner, or both. Finally, the presenter will discuss the pros, cons, and considerations for choosing bankruptcy or non-bankruptcy relief.
- Identify common business issues that may call for bankruptcy solutions
- Review best practices in utilizing the appropriate bankruptcy strategy
- Advise clients on their best options for solving corporate debt problems
- Discuss Entrepreneur Rescue
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