Responsibilities. And Liabilities When a Company is in Distress. And, How to Prepare for a Meeting with Your Lender

21 Dec , 2021

To register for the upcoming live webinar, please Click Here

When a company is doing well, creditors are happy and may not scrutinize common practices of management or of the board. But, when a company is in distress, you can expect a call from your lender requesting a meeting. And, if the company may be unable to pay creditors in full, creditors may conduct a forensic examination and pursue alternative sources of recovery- such as officers and directors. 

1. When does incorporation not prevent personal liability for a company’s debts?

2. How should the board of directors operate when a company is in distress so as to avoid personal liability? 

3. How should a company prepare for negotiations with its lenders when it needs relief under loan documents? 

This program will examine best practices for management and the board to facilitate a successful financial restructuring and to avoid personal liability. 

 

To register for the upcoming live webinar, please Click Here

More Webcasts

Navigating Governmen...

Contracting with the Federal Government is not like a business deal between two companies or a contr...

Complex Trauma in Cr...

This program explores the impact of complex trauma on criminal defendants through a developmental an...

Digital Organization...

Decentralized Autonomous Organizations (DAOs) and other digital-native structures have moved from ni...

Complying with the M...

This course will provide a detailed overview of the Medicare Secondary Payer act as well as provide ...

Brand Rent and 4 Oth...

Trademark doctrine was built for a marketplace that no longer exists, leaving practitioners to litig...

Litigation Strategie...

This program is geared towards lawyers, experts, commercial property owners, and others in the envir...

How to Comply with t...

This follow?on CLE builds on National Security & Data Privacy: Complying with the Bulk Data...

Freedom of Informati...

During this course, we will go over your rights under the Freedom of Information Act (FOIA) and Priv...

Tactical Trial Strat...

There are countless trial skill CLEs that will teach you the basics of trial strategies. This CLE is...

The Changing Landsca...

Over the past year, the Patent Trial and Appeal Board (PTAB) has undergone a dramatic policy shift r...