Best Practices for Doing Business with a Financially Troubled Customer in Bankruptcy
05/19/2021 8:30 AM PT - 10:00:00 AM PT

Following our first introductory session on basic considerations when a customer files bankruptcy and our second session on dealing with a financially distressed customer pre-bankruptcy, this third session in our four-part series will take a deeper dive into best practices for dealing with a financially distressed customer in bankruptcy. In this session, you will learn practical strategies to walk the tightrope between continuing to do business with a customer in bankruptcy while taking steps to protect your company. You will learn the impact of debtor-in-possession financing on a vendor’s ability to get paid and different types of credit enhancements that can be effective to enable vendors to continue the business relationship while hedging against unnecessary risk. You will also learn in greater depth about different types of priority claims and how to elevate your company’s status as a creditor in its customer’s bankruptcy as a means to maximize recovery.



Instructor Jason Torf
Jason M. Torf is a bankruptcy and creditors’ rights partner in the law firm Ice Miller LLP. Torf regularly represents clients in helping them solve their problems with troubled customers, both in bankruptcy proceedings and otherwise. He is a frequent speaker to credit groups to help them understand practical steps their companies can utilize to minimize risk and maximize their recovery when dealing with a financially troubled customer.

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.