Gain practical guidance on planning and navigating business restructuring.
This session will help participants understand the key steps in planning and preparing for a business restructuring. From spotting early warning signs to navigating Chapter 11 bankruptcy, attendees will gain practical knowledge to manage financial challenges, build the right team, maintain stakeholder confidence, and successfully guide their organization through the restructuring process.
Learning Objectives
- You will be able to identify early financial and operational warning signs that indicate the need for strategic business restructuring.
- You will be able to evaluate the advantages and limitations of out-of-court restructuring compared to Chapter 11 bankruptcy.
- You will be able to outline key preparation steps for a successful restructuring, including team selection, cash flow forecasting, and stakeholder communication planning.
- You will be able to navigate the Chapter 11 process by recognizing critical milestones, filing requirements, and reorganization strategies.
Agenda
Overview
- Importance of Early Planning
- Difference Between Out-Of-Court Restructuring and Chapter 11
Early Warning Signs and Strategic Assessment
- Common Financial and Operational Red Flags
- Internal Assessments
- Stakeholder Mapping (Creditors, Shareholders, Customers, Vendors)
Preparing for Restructuring
- Building the Right Internal Team
- Selecting External Advisors
- Operational Preparation
Chapter 11 Bankruptcy Basics
- Overview of Chapter 11 Process
- Key Objectives
- Initial Filing Requirements
Pre-Filing Preparation
- 13-Week Cash Flow Forecasting
- Dip Financing Negotiation
- Key Contract and Vendor Analysis
- Employee and Labor Considerations
- Governance Considerations
Communications Planning
- Coordinating Internal and External Messaging
- Maintaining Confidence and Business Continuity
Post-Filing and Plan of Reorganization
- Case Milestones and Exit Strategy
- Confirmation Process
- Stakeholder Negotiations
- Emergence Financing and New Capital Structure
Questions and Wrap-up
- Closing Points
Speakers
Christopher B. Wick,
Hahn Loeser & Parks LLP- Partner, Hahn Loeser & Parks LLP
- Specializes in corporate restructuring and bankruptcy law
- Focuses his practice on corporate reorganizations, workouts, debtors’ and creditors’ rights, and corporate transactions across the United States
- Author of the Intersection of Intellectual Property and Bankruptcy Law Chapter of the Commercial Bankruptcy Litigation Treatise, many American Bankruptcy Institute Journal articles, and articles for other publications regarding debt collection
- American Bankruptcy Institute, member since 2004; Cleveland Metropolitan Bar Association, Member since 2001
- J.D. degree, Washington & Lee University; B.A. degree, Washington & Lee University
- Can be contacted at 216-274-2489 or cwick@hahnlaw.com
Who Should Attend
This live webinar is designed for human resource managers, recruiters, personnel managers, supervisors, business owners and managers, benefits administrators, and payroll professionals.
