Several industries have been reeling from the disruptions caused by the COVID-19 pandemic, with many companies buoyed only by cheap debt. While chapter 11 filings significantly dropped in 2021, continuing into the early part of 2022, they are projected to increase later in 2022 and in 2023 as a result of the war between Russia and Ukraine, supply chain disruptions, surging inflation, rising interest rates, and the upcoming wall of debt maturities.
This session, featuring Lowenstein partners Bruce S. Nathan and Andrew Behlmann, focuses on identifying the warning signs that may predict a distressed customer’s future bankruptcy filing. The speakers will also discuss actions companies can take to mitigate loss, including:
- letters of credit and guarantees
- properly documented consignment and purchase money security interest protection
- setoff and recoupment rights
- examining credit insurance coverage and purchasing accounts receivable puts
- enforcing Uniform Commercial Code remedies, such as stoppage of delivery and adequate assurance rights
The webinar will include a live Q & A session, and ABC-Amega will be live Tweeting throughout the program.
Time: 2-3 p.m. ET
*Registration is limited to ABC-Amega members.