On April 30, Weil and the Legal Aid Society, along with The Blackstone Restructuring Group, will be presenting a training on bankruptcy and other alternatives for small businesses in distress. The panel provides a great opportunity to become familiar with the challenges distressed small businesses may face and to network with other professionals interested in the field.
We would like to invite all readers of our blog in the New York area to join us for this panel. Two CLE credits for professional practice/practice management will be offered. Please see below for a more detailed description of the event.
Small Businesses in Distress: Bankruptcy and Other Alternatives
April 30, 2015, 6:30 PM to 8:30 PM
767 Fifth Avenue, New York, NY 10153
Hosted by Weil, Gotshal & Manges LLP as part of the Legal Aid Society’s Annual Training Program
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.
Marcia Goldstein, Esq., Ronit Berkovich, Esq., Candace Arthur, Esq., and Debra McElligott, Esq., Weil, Gotshal & Manges LLP
Peter Laurinaitis and Mark Buschmann, Managing Directors, Blackstone Restructuring Group
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