Firm Attorneys Published in NACM Business Credit
Supplier Strategies for the Financially Distressed Buyer: Parts I & II
June, July/August 2018
Eric S. Goldstein and Latonia C. Williams, all members of the firm's Bankruptcy and Creditors' Rights Practice Group, authored a two-part article that was published in Business Credit, the National Association of Credit Management's (NACM) publication for credit and finance professionals.
Part I of "Supplier Strategies for the Financially Distressed Buyer" describes strategies to limit risk by selling on a secured basis or through a consignment arrangement.
Part II discusses shortening credit terms, strategies for an insolvent buyer, and how different credit strategies may impact the seller's preference liability in a subsequent bankruptcy filing.
These articles are reprinted with permission by NACM Business Credit.