Avoiding Bankruptcy for Small Businesses in Financial Distress
Tuesday April 23
- By: The Legal Aid Society, Weil, Gothal & Manges LLP
- Time: 6:00 PM - 8:30 PM
- Time Zone: Eastern Time (US & Canada)
- CLE Credit
Weil, Gotshal & Manges LLP767 Fifth AvenueNew York, NY
Rosemary Hare-BeyThe Legal Aid Society
- Website: www.legal-aid.org
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: Marcia Goldstein, Esq., Alfredo Perez, Esq., Ronit Berkovich, Esq., Abigail Zigman, Esq., and Candace Arthur, Esq., Weil, Gotshal & Manges LLP; Peter Laurinaitis, Man-aging Director, Blackstone Restructuring Group.
CLE Credit: 2 credits total: 2 hours of professional practice/practice management. This program provides transitional credit for newly admitted attorneys.
To see a full schedule or find training resources from trainings that have already taken place, please visit The Legal Aid Society's CLE Pro Bono Training Program portal page.
- CLE Credit Comments: 2 credits total: 2 hours of professional practice/practice management. This program provides transitional credit for newly admitted attorneys.