How to Preserve Your Job as CEO, CFO or General Counsel in a Bankruptcy Case or Financial Restructuring

01 Oct , 2021

To register for the upcoming live webinar, please Click Here

Your company is in distress. Its bankers or bondholders have demanded that the company retain a chief restructuring officer (“CRO”) or a turnaround consultant as a condition to their cooperation in negotiating a forbearance agreement or loan modification. What does the retention of a CRO or turnaround consultant mean to executives in the “C” suite and to the company’s general counsel? What are the duties and functions of a CRO or turnaround consultant? How do their duties overlap with those of management? How are they different? How do they avoid becoming irrelevant and losing power? What should they do in order to remain necessary to a successful restructuring or turnaround of the business? What signals and signs should they look out for? This program also will cover what gets said versus what are the real motivations of the CRO and turnaround consultant and what that means to management.

To register for the upcoming live webinar, please Click Here

More Webcasts

Stress and Trauma in...

"I think he drinks too much - but he's my boss!" "She's the firm's rainmaker, but something isn't r...

Generative AI for Li...

Explore the transformative potential of generative AI in modern litigation. “Generative AI for...

Maintaining Ethical ...

Join Steve Herman on December 8, 2025, for "Maintaining Ethical Standards: Essential Strategies for ...

Choosing Legal Malpr...

This one-hour program will look at the key differences in policies available in the marketplace, dif...

Navigating Rule 8.4(...

Bias and discrimination continue to shape workplace dynamics, legal practice, and professional respo...

Welcome to the NFL, ...

The always idiosyncratic Nassim Taleb likes to say, “Nothing is more permanent than ‘tem...

Internet and Sports ...

The statistics are compelling and clearly indicate that 1 out of 3 attorneys will likely have a need...

From High-Functionin...

“Maybe I drink more than I should, but it isn’t affecting my life-I’m ‘High-...

Master Trial Series ...

Session 10 of 10 - Mr. Kornblum, a highly experienced trial and litigation lawyer for over 50 years,...

Estate Planning and ...

Addressing the sensitive subjects of incapacity, death and health care are not either seamless or pa...