Congressional Action for NACM Members

NACM Commercial Service Members, NACM-National has been carefully tracking all legislation related to COVID-19 that will impact business credit. There are a pair of bills in Congress that would greatly impact collections efforts for members across the country if the bills are passed and signed into law. Although we appreciate that public-policymakers have tried to […]

2020: New Odyssey for America’s Businesses

Navigating State Compliance Requirements in a Virtual WorldDavid Brandon and Max Forer, Miller Nash Graham & Dunn Although COVID-19 had been circulating for months, its impact wasn’t felt by many Americans until shelter-in-place orders went into effect in mid-March 2020. Some of the initial effects of these shelter-in-place and remote work orders were somewhat baffling–toilet […]

Industry Groups Today

By Shannon Abnal, NACM Commercial Services What are industry group members talking about these days? You guessed it. Covid-19. The economy. How their firms are coping. How they are coping. What it feels like to be a credit manager in the midst of a pandemic and financial disaster. One member described it as feeling like […]

COVID-19 Legislative Update & Collection Provisions to Watch for Trade Creditors!

NACMs are partnering with our national office to watch for legislative changes related to COVID-19. NACM Commercial Services is also monitoring daily new State mandates coming out relating to creditor and collection efforts. Please be aware that certain states have restricted collection activities during the national emergency and while most are pertaining to consumer collection […]

Legal Considerations in Excusing Contractual Performance Due to Coronavirus

By Richard A. Walawender, Principle, Corporate Group Co-Leader, Miller Canfield Many commentators have assumed that a party to a contract will be excused from performance if the coronavirus outbreak causes its inability to perform. But in order to be sure this would apply in a particular supply contract for the sale of goods, several factors […]

President’s Message – Covid-19

Dear NACM CS Members, We’re experiencing an extraordinary moment in our country and around the world – an instance where day-to-day activities and routines, both within our personal and professional lives, have been shuttered and extremely altered. What has become strikingly apparent, is the current situation with COVID-19 is fluid and information is changing by […]