Minimizing Exposure: Practical Tips for Dealing with Financially Distressed Customers

Please join us for a presentation intended for service-providers and other vendors addressing the following topics of growing concern in an unprecedented time:

• Practice tips for negotiating new agreements that anticipate the possibility of a customer’s future financial distress;
• Possible ways to limit exposure when a client or customer becomes distressed (whether or not an agreement provides protection);
• Effect of bankruptcy on a vendor’s ability to exercise its existing rights (including in light of recent case “mothball” attempts in Modell’s, Pier 1, and Craftworks);
• Critical vendor orders, contract assumption/cure, and other potential bankruptcy-specific protections; and
• Navigating avoidance actions following a bankruptcy filing