Wednesday, February 7
Panel: The Coming AI Wave and Its Impact on Credit Professionals
This presentation will walk through the basic application of artificial intelligence, algorithms, and machine learning as these technologies currently impact credit professionals. The speakers will first discuss what AI is and how it is impacting credit professionals in their credit decisions, suggested policies and procedures to deal with AI, regulatory considerations dealing with credit decisions that rely on AI, and concerns surrounding fraud and accountability.
Speakers:
- Kathleen A. McGee, Partner, Lowenstein Sandler LLP
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
Time: 12:35 - 1:55 p.m. AST
Thursday, February 8
Panel: Mind Your Ts and Cs: The Next Generation
The speakers will pick up on last year’s presentation, which introduced a model credit application and creditor-friendly terms and conditions of sale and highlighted their importance in credit decision-making. This year, the speakers will discuss the challenges of getting customers to sign credit applications — including those containing creditor-friendly terms and conditions — and the adverse impact of an unsigned agreement on trade creditors. Among other things, the speakers will discuss the importance of creditor-friendly terms and conditions for trade creditors seeking to collect their claims and mitigate the risk of loss; dealing with the “battle of the forms” in the absence of a signed agreement or when a customer attempts to provide superseding terms and conditions, and risks regarding the enforceability of creditor-friendly terms. The speakers will then discuss real life experiences over the enforceability of contract terms in the absence of a signed agreement including such terms and efforts by buyers to add unfavorable terms that supersede the credit friendly terms sought by the creditor. Group members are strongly encouraged to submit questions and real-life war stories from their own experience in advance of the program!
Speakers:
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
- Andrew Behlmann, Partner, Lowenstein Sandler LLP
Time: 12:35 - 2 p.m. AST
Conference Location: Sheraton Old San Juan, San Juan, Puerto Rico
*This event is only open to members of the NCCA and requires a registration fee.
