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As the economic impact from COVID-19 continues to create uncertainty in traditional business models, companies are focused on determining a strategy to navigate the coming months. As liquidity options may start to dry up, it is important to have a fundamental knowledge of available contingency plans, including debt waivers, restructurings, and potentially bankruptcy. Bankruptcy can be a powerful tool which allows a business to reorganize its’ operations for future success. Included is the new Subchapter V bankruptcy for small businesses which was enacted in February 2020.

This presentation will help provide a basic knowledge of these options and impact to your company’s operations and financial reporting. Join P&N presenters JP Luster and Bowen Dennis along with Ryan Richmond, Subchapter V Bankruptcy Trustee and Partner at Sternberg, Naccari, & White, LLC.

 

 

These downloadables are additional tools you can use for further study after class.

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