Corporate Bankruptcy for Small Businesses in Distress
Thursday, March 11, 2010
Hosted by Weil, Gotshal & Manges LLP
767 Fifth Avenue, New York, NY 10153

Obtain the knowledge to assist low-income small businesses - corporations, partnerships, or sole proprietorships - faced with financial distress due to loss of a lease, sustained business slowdown, financing issues, or an unforeseen disaster, by analyzing the relevant circumstances and weighing the potential courses of action. While the session is focused predominantly on filing for bankruptcy relief and using the protections afforded under the Bankruptcy Code, the session also includes a discussion of other key actions by which low-income business owners might salvage or, if necessary, wind down their companies. These include out-of-court workouts, assignments for the benefit of creditors, winding up under state law, and obtaining financing from the Small Business Administration.

Faculty Chairs: Ronit J. Berkovich, Esq., Alfredo Perez, Esq., Candace Arthur, Esq., and Abigail Zigman, Esq., Weil, Gotshal & Manges LLP

CLE Credit: 2 credits total: 2 hours of professional practice/practice management. This program provides transitional credit for newly admitted attorneys.