First Brands entered bankruptcy with familiar automotive brands, billions in reported revenue, and a capital structure that proved extraordinarily difficult to untangle. This session examines how acquisition-driven growth, complex financing arrangements, and allegations of widespread fraud involving receivables and other collateral culminated in failed Chapter 11 proceedings and conversion to Chapter 7. The speakers will share risk management strategies that credit professionals can use to minimize blind spots and credit risk when dealing with distressed customers.
Speakers:
- Eric Chafetz, Partner, Lowenstein Sandler LLP
- Erica G. Mannix, Counsel, Lowenstein Sandler LLP
Time: 1-1:45 p.m. MT
Location: Scottsdale Marriott at McDowell Mountains, 16770 North Perimeter Drive, Scottsdale, AZ 85260
*This event is open to the public but requires a registration fee.
