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

Effective Advocacy i...

Philip A. Greenberg, Esq., who has been a litigator in the State and Federal Courts for 52 years, ha...

Artificial Intellige...

This course examines the latest legal and compliance developments in the artificial intelligence (AI...

Cybersecurity Compli...

This course analyzes federal contractor cyber security obligations under the Federal Acquisition Reg...

Trade Agreements Act...

This course analyzes federal contractor obligations under the Trade Agreements Act. Learn how to ens...

Federal Contractor B...

As the largest purchaser of goods and services in the world, the United States Government requires f...

Class Actions...

Class action litigation continues to evolve rapidly in response to an innovative plaintiffs’ b...

Litigation Strategie...

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

Objectives, Obstacle...

This dynamic CLE presentation challenges trial lawyers to rethink everything they were taught about ...

Introduction to Deri...

This program provides attorneys with a foundational understanding of derivatives and their role in m...

Using Family Law Tec...

Have you felt overwhelmed by the amount of technology available to family lawyers? We'll get to know...