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

Latest Trends in Bid...

Learn about the best strategies and tactics to file bid protests at the agency level, U.S. Governmen...

The Bulk Sensitive D...

The “Preventing Access to U.S. Sensitive Personal Data and Government-Related Data by Countrie...

Litigating at Civili...

My contract was terminated and the contracting officer did not pay my invoices – what can I do...

The Changing Landsca...

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

Artificial Intellige...

Join us for Part 2 of a program tailored for attorneys seeking a better understanding of the ongoing...

Federal Employment L...

This course will provide an update for practitioners on U.S. federal employment law, exploring the T...

Navigating Governmen...

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

Complying with the M...

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

Beyond the Prompt: H...

ChatGPT is rapidly entering law firm workflows, including drafting, summarizing, brainstorming, lega...

Sexual Orientation A...

This program focuses on asylum claims based on sexual orientation, addressing the unique clinical, c...