Restructuring and Bankruptcy Strategies in an Economic Crisis
Created on June 22, 2020
The COVID-19 pandemic has caused a rapid collapse of many businesses. This program will cover issues that financially-troubled businesses should consider in seeking to obtain new funding and in restructuring their debts, and the skills that attorneys will need to guide them through this process. The program will also explore the legal and strategic considerations that creditors should consider when dealing with distressed businesses.
Presented by Michael J. Riela of Tannenbaum Helpern Syracuse & Hirschtritt LLP, this program will benefit attorneys and others who advise companies in financial distress, as well as parties who do business with distressed companies.
- Identify the issues that financially-troubled businesses should consider while seeking new funding
- Review the legal and strategic considerations that distressed companies and their creditors must take into account when negotiating with each other
- Explore the benefits and disadvantages of a Chapter 11 filing in the current economic environment, from the perspectives of both debtors and creditors
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