Alternatives for Winding Down a Business (ECB201016)

Friday, October 16, 2020

3:00 PM to 5:00 PM

Location: Webinar

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About the Program

Bankruptcy is not the only method for winding down a distressed business. In many circumstances, both businesses and creditors can obtain more effective results by utilizing liquidation mechanisms available outside of bankruptcy. Well-rounded practitioners should learn and consider the benefits and drawbacks of all available options to provide the most effective representation for their clients. 

You Will Learn

  • How to evaluate the pros and cons of pursuing state law remedies instead of bankruptcy
  • How a company may carry out its own orderly windup under state law
  • How a secured creditor can effectively liquidate a business outside of bankruptcy
  • How to utilize alternative liquidation proceedings under state law receiverships and assignments for the benefit of creditors

Who Should Attend

This program is appropriate for attorneys of all experience levels who represent business debtors or creditors. Attorneys who provide general legal advice to closely held companies should also attend this program to more effectively advise their business clients.

CLE Credit

CT: 2.0 CLE Credits (General)
NY: 2.0 CLE Credits (AOP)


Patrick Birney Patrick M. Birney
Robinson+Cole, Hartford

Joanna Kornafel Joanna M. Kornafel
Green & Sklarz LLC, New Haven

kevin mceleney Kevin J. McEleney
Updike Kelly & Spellacy PC, Hartford