June 16, 2020 1:00 -2:30 pm EST
How to Protect Your Client’s Interests
The COVID-19 pandemic has created havoc, shuttering businesses that may never return. Because of this we are already seeing an increase in the number of business bankruptcy filings and we expect that number to rise by over 200,000 next year.
It’s crucial that we discover all the options available to protect our client’s business and its creditors in uncertain times.
On August 23rd, 2019 SBRA, a Small Business Reorganization Act was signed into law. The purpose of SBRA was to allow smaller businesses who are struggling with their finances to still file Chapter 11 bankruptcy cases in a more simplistic manner than the current rules governing Chapter 11 cases.
SBRA went into effect on February 19,2020 and many businesses who were already in Chapter 11 proceedings elected to convert their cases to those under SBRA.
This webinar will provide the attendees with an overview of SBRA as well as the effect of the CARES Act on businesses.
Weather you represent the business itself, creditors, predators of the business or even the owners of the business this webinar will provide an in-depth look of how to protect your clients interest.
What You’ll Discover:
- Steps to be taken if filing a small business bankruptcy.
- How to preserve assets as well as providing the largest return for creditors.
- Preference and other avoidance actions.
- How to bring additional dollars into the estate
- Defenses available for creditors and insiders.
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Alan Hochheiser is a leading practitioner in the areas of creditors’ rights and bankruptcy law. He advises and represents businesses, regional and national banks, credit unions, equipment lessors and other lenders, as well as secured and unsecured creditors.
Discover more about Alan Hochheiser