Skip to main content

Mintz and ACC SoCal CLE Lunch Program

How to Limit Risk and Strategically Navigate a Financial Distress Situation


Date: October 3, 2019

Time: 2:15PM - 4:15PM

Location: Mello (a Division of LoanDepot), 6561 Irvine Center Drive, Irvine, CA 92615

Economic forecasters have been warning of a 2020 recession and, with it, a likely increase in business bankruptcy filings. How should you plan for and respond when one of your customers, vendors, or competitors is in financial distress? From steps to mitigate risk when a counterparty first becomes financially distressed, to the immediate triage necessary upon a bankruptcy filing, this program will provide several practical steps that in-house counsel can implement today to reduce risk and gain leverage when a counterparty defaults or files for bankruptcy. Mintz partner Abby O’Brient and Associate Andrew Levin will lead an informative discussion on creditor’s rights and offer tips to reduce risk and effectively respond when a business associate or competitor is in financial distress.