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From the Legal Perspective: Where Do We Go From Here? (DR)
The COVID-19 pandemic, which shows no signs of stopping in the United States, has already caused significant economic distress in its wake, with sharp increases in corporate bankruptcy filings since March. It is anticipated that bankruptcies and insolvencies will continue to increase for the foreseeable future, especially in those industries most directly affected by the pandemic. During this presentation, our speakers will discuss strategies that credit professionals should employ to plan for and mitigate damage resulting from increased customer defaults and bankruptcy activity. Moreover, they will address strategies that should be employed in dealing with bankrupt customers, including negotiating post-bankruptcy supply arrangements, critical vendor treatment, and defending against bankruptcy avoidance actions.
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