On Demand Audio

Bankruptcy Considerations for Businesses

Produced on October 04, 2019

Taught by
$ 59 Business, Corporate, & Securities Law and Bankruptcy & Restructuring In Stock
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Course Information

Time 66 minutes
Difficulty Intermediate

Course Description

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.


Learning Objectives:

  1. Identify common business issues that may call for bankruptcy solutions
  2. Review best practices in utilizing the appropriate bankruptcy strategy
  3. Advise clients on their best options for solving corporate debt problems
  4. Discuss Entrepreneur Rescue

Credit Information

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Faculty

Wayne Greenwald

WAYNE GREENWALD, P.C.

Wayne M. Greenwald represents the entire spectrum of parties-in-interest in debtor-creditor matters and cases under the U.S. Bankruptcy Code. He has extensive experience in business and commercial litigation and assists clients at all phases of dispute resolution, including pre-claim negotiations, mediation, arbitration and trial.

Wayne M. Greenwald has been concentrating in debtor-creditor law for more than 30 years. He was the assistant chair of the Defense Research Institute's Special Litigation Group on Creditors' Rights and Bankruptcy. He formerly served as co-chair of the American Bankruptcy Institute's commercial fraud task force.

Mr. Greenwald lectures frequently and has published or edited articles, treatises and books on bankruptcy and creditors' rights, including Criminal Practice/ Bankruptcy Proceedings. He is highly regarded in the legal community and has been included in 2007, 2008 and 2010 New York Super Lawyers.