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Follow on Google News | Henry Jaffe, Partner, Pepper Hamilton LLP, to Speak at KC’s EventFor further details, please visit: https://theknowledgegroup.org/ About Henry Jaffe Henry Jaffe is a partner in the Corporate Restructuring and Bankruptcy Practice Group of Pepper Hamilton LLP, resident in the Wilmington office. Mr. Jaffe represents various types of clients in bankruptcy and insolvency representations, including debtors, trustees, creditors’ committees, as well as secured, unsecured and administrative claimants. He has assisted creditors on a wide variety of issues including complex executory contracts and leases and has advised clients on credit risk, performance and collection issues associated with counterparty insolvency and bankruptcy matters. Mr. Jaffe has vast experience in prosecuting and defending preference, fraudulent transfer and other bankruptcy avoidance actions. Mr. Jaffe has also been counsel for receivers in federal and state receivership actions. About Pepper Hamilton LLP Pepper Hamilton LLP is a multi-practice law firm with more than 500 lawyers nationally. The firm provides corporate, litigation and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world. Pepper’s Corporate Restructuring and Bankruptcy Group is an integrated network of more than 35 professionals and support personnel who focus exclusively on all aspects of reorganizations, bankruptcies, restructurings, workouts and buyouts. Our team is national in focus, appearing regularly in bankruptcy courts throughout the country. We are experienced in insolvency matters involving a wide range of industries, with particularly notable experience in the food, asbestos, energy, construction, manufacturing, health care and automotive industries. Our clients include large national and international public and privately held corporations, as well as governmental entities, small businesses and individuals. Event Synopsis: Global economic turmoil and an environment of increasing interest rates in the U.S. could increase the likelihood of bankruptcy filings. Insolvency can have profound effects for both debtors and counterparties doing business with the company. Recovering funds from a debtor under bankruptcy protection is difficult for creditors who have been unable to collect monies owed. However, prior to a bankruptcy, when a company is in distress, creditors can adopt certain strategies to minimize the negative impact of a bankruptcy filing. Generally, upon the filing of a bankruptcy petition by a debtor, an automatic stay arises on property of the estate. In certain instances - forward contracts, master netting agreements, and swap agreements - the Bankruptcy Code allows parties to terminate and liquidate rights and to foreclose on collateral, but prompt evaluation of qualification is critical. While it can be difficult for creditors to recover funds in bankruptcy, there are still ways they can minimize the impact and maximize recoveries. An understanding of the Bankruptcy Code is critical. It is in the best interest of counterparties to understand the risks faced by companies with declining credit worthiness prior to their filing for bankruptcy. In these challenging times, all companies should assess and try to mitigate counterparty risks. It is prudent for every business to know the financial status of its counterparties, customers, suppliers, and vendors. It is also essential to analyze and amend business terms, consider termination or review renewal of expiring contracts, analyze aging accounts receivable, reduce preference exposure, determine and improve available rights and remedies, and understand and protect their rights under bankruptcy. In this two-hour, LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help creditors understand the important aspects of this significant topic. Speakers will review and discuss Instability and Bankruptcy of a Counterparty Company: Exposing the Risks in 2016. The panel of speakers also will offer best practices in developing and implementing an effective program to mitigate credit risks, reduce counterparty bankruptcy exposure, and to recover funds. Key topics include: Key provisions of the Bankruptcy Code Creditors’ Rights Types of Claims Recovery Options Involuntary Bankruptcy Petitions – Pros, Cons and Risks Safe Harbor Provisions The Automatic Stay Executory Contracts Preferential and Fraudulent Transfers Development and Implementation of Effective CMS Compliance and Litigation Risks Best Practices About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org End
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