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.
Michael Riela advises clients in complex corporate restructuring and bankruptcy matters. He has in-depth experience in advising clients in corporate and real estate Chapter 11 and Chapter 7 bankruptcy cases, out-of-court restructurings, M&A transactions involving distressed sellers, debtor-in-possession (DIP) and bankruptcy exit loan facilities, secondary market trading of distressed debt and trade claims, and insolvency-related litigation. He has particular experience defending complex preference and fraudulent transfer cases, and with handling professional retention and fee dispute matters in bankruptcy cases. Michael’s restructuring and bankruptcy practice spans across numerous different industries, though much of his recent work is focused on the staffing, real estate, construction, retail, technology, and cannabis industries.