Hot Topic: Key Issues for Nonprofit Creditors Dealing With Distressed Businesses
Welcome to EO Radio Show – Your Nonprofit Legal Resource. In this episode, we cover important issues for nonprofits dealing with distressed businesses, such as their landlords or tenants, other kinds of contract counterparties, and, recently, banking institutions or financial institutions.
We’ll talk a little about warning signs to watch for, some ideas for managing the situation when a party seems to be facing financial distress that affects their ability to perform, and when to call a lawyer for help.
For this specialized area, EO Radio Show host Cynthia Rowland is joined by Farella partner Gary Kaplan who brings deep experience with bankruptcy laws and creditors' rights to the discussion.
Resources:
Bio: Gary M. Kaplan, Partner, Farella Braun + Martel
Article: Protecting Suppliers and Customers of Insolvent or Bankrupt Companies
If you have suggestions for topics you would like us to discuss, please email us at [email protected].
Additional episodes can be found at EORadioShowByFarella.com.
DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.