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.
Boundaries and Burnout: The Hidden Crisis in Law is a 60-minute California MCLE Competence Credit pr...
This course clarifies the distinction between profit and cash flow from a legal perspective. Attorne...
Evidence Demystified Part 1 introduces core evidentiary principles, including relevance, admissibili...
Loneliness isn’t just a personal issue; it’s a silent epidemic in the legal profession t...
Navigating Stress and Trauma in the Legal Profession, explores the unique challenges faced by legal ...
This course provides a strategic roadmap for attorneys to transition from administrative burnout to ...
Part II builds on the foundation established in Part I by examining how classical rhetorical styles ...
This presentation provides an overview of copyright law particularly as it applies to music. The pre...
This CLE session introduces attorneys to budgeting and forecasting concepts used in corporate planni...
This dynamic and compelling presentation explores how chronic stress, sleep deprivation, and substan...