Date & Time:
Thursday, May 20, 2021
2 to 3 p.m. (Eastern)
This one-hour webinar will provide manufacturers and distributors with an update on a number of key changes to the Bankruptcy Code over the past several years, including some very recent changes, that alter certain aspects of the bankruptcy process and impact suppliers. The goal of this webinar is to help trade vendors understand the new provisions of the Bankruptcy Code and their impact on the bankruptcy process, particularly as they pertain to suppliers.
Who Should Attend:
Manufacturers, wholesalers, and/or distributors are invited to participate; specifically recommended to individuals involved in credit, finance, and legal functions.
What You Will Learn:
A number of amendments to the Bankruptcy Code have occurred over the past several years that alter the bankruptcy process and impact all constituencies, including suppliers. One significant change involves the addition of an entire new subchapter to the Bankruptcy Code that provides a new, more streamlined process for small business debtors to reorganize. While this new subchapter has some provisions that are beneficial to both debtors and creditors, some creditor-friendly provisions that exist in a normal chapter 11 case are stripped away. Another key amendment to the Bankruptcy Code alters preference lawsuits, something that suppliers frequently face. This webinar will provide a timely discussion of these updates to the Bankruptcy Code and their impact on suppliers.
Paul Vitale, executive vice president of finance & operations, The Toy Association
Jason M. Torf, partner at Ice Miller LLP
Jason M. Torf is a bankruptcy and creditors’ rights partner in the law firm Ice Miller LLP. Torf regularly represents clients in helping them solve their problems with troubled customers, both in bankruptcy proceedings and otherwise. He is a frequent speaker to credit groups to help them understand practical steps their companies can utilize to minimize risk and maximize their recovery when dealing with a financially troubled customer.