Never Let a Good Crisis Go to Waste: Risks and Opportunities During Financial Uncertainty

CLE Overview:

Please join Akin for an informative discussion regarding the opportunities and risks of financial distress in these times of increasing uncertainty. In the first quarter of this year, the number of chapter 11 filings ticked up to their highest level since the start of the pandemic, and, with the pressure on corporate balance sheets from interest rate increases and the macroeconomic climate, that trend will likely continue for the rest of the year.

In an interactive panel discussion, Akin partner Sarah Schultz and counsel Rachel Biblo Block and Zach Lanier will provide an overview of the corporate restructuring basics that corporate leaders need to know and key insights into the opportunities afforded by a restructuring-whether that be as a lender to, or potential acquirer of, the troubled company, or as a member of an official creditors' committee. The panelists will also cover key risks that companies and other firms must be aware of when their counterparts go through a bankruptcy filing, and the key tools a debtor has that are unique to a bankruptcy that can implicate the rights of creditors.