Class Details BANKRUPTCY 201: Pre-Petition Considerations 12/10/2019 8:30 AM PT - 10:00:00 AM PT Pre-petition considerations—Don’t let bankruptcy happen to you! What should creditors consider when there is no bankruptcy yet.-Red flags/warning signs that a company is in trouble-Proactive measures to protect yourself prior to filing (preference exposure, slow payments, renegotiating contract terms)-Lawsuits to collect prior to filing-advantages/disadvantages-Cutting off debtors – difference between a simple purchase order arrangement (cutting off no problem) and executory contract relationships (cutting off may be more difficult)-Unenforceability of ipso facto clauses stating that agreements are terminated upon a bankruptcy filing Instructors: Thomas Scannell & Leah EisenbergThomas Scannell is a senior counsel attorney in Foley Gardere’s Financial Restructuring and Reorganization Practice. His practice primarily focuses on the restructuring of companies in and out of bankruptcy, debtors' and creditors' rights, and debtor-in-possession financers. Thomas also counsels his clients on out-of-court workouts, turnarounds, and the acquisition and sale of distressed assets.Leah Eisenberg is of counsel and a bankruptcy and restructuring attorney with Foley & Lardner LLP. Leah’s practice focuses on counseling clients in default, restructuring, bankruptcy, and corporate trust matters, with an emphasis on indenture trustee, creditors’ committee, and other creditor representations.Prior to joining Foley, Leah was a partner at a Washington, D.C.-based law firm in its New York office. Earlier in her career, she served as a first law clerk to the Honorable Robert E. Gerber, the U.S. bankruptcy judge for the Southern District of New York. Event Sponsor: NACM Commercial Services Course Level: I - Intermediate Credits: CEU: 0.150 CCE: 0.150 Location: Webinar Price: Members: $39.00 Non-Members: $69.00 *Price is for admission only. Some events, especially college credit classes, have additional costs associated with materials, such as text books. See the event comments above for more details. Membership discount eligibility is at the discretion of the event sponsor. Cancellations will be accepted for full refund no later than five working days prior to event — substitute attendees accepted up to day of event.