The growing prominence of private equity in today’s economy has created unique challenges for trade creditors dealing with distressed customers, particularly those headed toward – or in – bankruptcy. This program provides a can’t-miss opportunity to learn about those challenges and how to navigate them, from the different perspectives of two industry experts, a credit practitioner and a creditors’ rights attorney. Ryan Steiner will provide an overview of private equity investment firms: how they transact deals, the risks associated with their ownership structure, and strategies credit managers can employ to protect themselves. Michael Papandrea will dive into the legal implications for trade creditors to consider, including with respect to the limitations on liability for private equity firms and the organizational structure of the companies they invest in, illustrated by real-world examples in bankruptcy.
Speakers:
- Michael Papandrea, Partner, Lowenstein Sandler LLP
- Ryan Steiner, Corporate Credit Manager, Olympic Steel
Time: 1:30-2:45 p.m. CT
Location: Meridian Banquet & Conference Center, 1701 Algonquin Rd, Rolling Meadows, IL 60008
