Strategies for Protecting Suppliers & Customers of Insolvent or Bankrupt Companies
June 16, 2020 at 11:00am – 12:00pm (PDT)
Association of Corporate Counsel Webinar
Gary Kaplan and Janice Reicher will present the program "Strategies for Protecting Suppliers & Customers of Insolvent or Bankrupt Companies" to the Association of Corporate Counsel (ACC) San Francisco Bay Area Chapter.
Overview:
As a result of the economic turmoil caused by the COVID-19 pandemic, companies are increasingly dealing with insolvent or bankrupt counterparties. Particularly in this environment, it is critical for firms to understand their rights and remedies, and position themselves to best protect their interests. Join the panel of bankruptcy experts as they discuss issues such as:
- Ensuring payment for goods and services provided to financially troubled counterparties
- Stopping goods in transit and reclaiming goods sold to an insolvent or bankrupt party
- Reducing risk of clawback for payments received shortly before a counterparty's bankruptcy
- Strategies for preferential treatment of debts owed by a counterparty in bankruptcy
- Navigating contract rights and obligations under bankruptcy law
- A bankrupt counterparty's potential assignment of contracts without consent
