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

AI Agents Unleashed:...

AI agents — autonomous systems capable of planning, deciding, and acting independently across ...

How to Respond to Sh...

Adverse and derogatory information often has devastating effects on a contractor's ability to win co...

Introduction to Deri...

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

Advanced Negotiation...

Advanced Negotiation Strategies for Lawyers explores the psychology and strategy behind successful l...

When the Attorney Be...

This program addresses a gap no standard ethics CLE reaches: the psychology of what happens inside t...

Estate Planning Mode...

Estate planning for LGBTQ+ clients and families formed through assisted reproductive technology requ...

Pre-Trial Discovery ...

For at least the last half-century, the success or failure of most litigations is determined by how ...

Winning Bad Faith Cl...

This CLE course will provide critical insight to counsel for insurers facing bad faith claims on how...

Federal Contractor B...

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

Trade Secret Litigat...

This course on trade secrets litigation provides real-world best practices through all key stages of...