COVID-19 Impact & Business Strategies: The Bankruptcy Option



Watch the On-Demand Webinar Today  


Given the murky economic outlook, it’s no surprise that the Federal Reserve estimates that bankruptcy filings over the next 12 months will break records. Bankruptcy is not only a means to restructure, but as a business strategy, bankruptcy can provide protections and the space and time to manage cash flow and liquidity. Our turnaround specialists will discuss the key issues for considering and planning a bankruptcy as an opportunity to reorganize, sell as a going concern, or liquidate. 

Specific topics covered include:

  • Features and purposes of Chapter 11 and Chapter 7
  • Chapter 11 goals and tools
  • Chapter 11 - Pros and Cons
  • Subchapter V - Small Business Reorganization
  • Chapter 7 and the role of the Chapter 7 Trustee
  • Planning for a bankruptcy filing

Your presenters are:

  • Charles Berk, Co-Practice Leader, CBIZ Corporate Recovery & Litigation Support 
  • Richard Bernard, Partner, Foley & Lardner LLP, Corporate and Financial Restructuring Practice