Bradshaw, Fowler, Proctor & Fairgrave, P.C. bankruptcy practice area lead attorney Jeffrey D. Goetz recently participated in webinars for two separate organizations.
He was one of four panelists in the Financial Poise webinar “Negotiating and Drafting Cash Collateral/DIP Financing Orders” on April 7, 2020. On April 8, 2020, Mr. Goetz spoke to the Center for Business Growth and Innovation (CBGI) about “Making Bankruptcy a Last Resort”.
Like other businesses, companies in bankruptcy need access to cash to fund operations. But how should a company planning to enter bankruptcy approach this issue if all its cash is tied up by a secured lender? At the Financial Poise webinar, Mr. Goetz discussed what bankruptcy judges may say when the company asks permission to use cash on terms presented by its lender among other topics.
Mr. Goetz discussed how the COVID-19 pandemic may affect small business and the prospect, for some, of bankruptcy consideration at the CBGI event. He spoke to the importance of knowing one’s business balance sheet and near-term sales prospects to understand all legal options.
Financial Poise™ provides, through webinars and news articles, reliable, plain English business, financial, and legal education to individual investors, entrepreneurs, business owners and executives.
The Center for Business Growth and Innovation (CBGI) is a division of Business & Community Services at the University of Northern Iowa. For the past two decades, the UNI CBGI has built a network of resources and services designed to attract, connect, and accelerate small business and start-up growth with business assistance, capital, partner resources, and valuable connections to their peers.
Jeffrey D. Goetz is board-certified in both Business and Consumer Bankruptcy Law by the American Board of Certification. His practice is devoted primarily to the representation of debtors, creditors, committees and trustees in bankruptcy and reorganization cases.
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