Distressed Companies Masterclass: What You Need to Know about Distressed Companies and Distressed Assets in Today’s Turbulent Economy

With the deterioration of the global economy, times are tough for companies in the US and abroad and those who lead them. But a gloomy economic outlook presents opportunities as well as threats. Now is the time to ensure that you have up-to-date knowledge of the key trends and hot issues concerning doing business with distressed companies.

Morrison & Foerster has assembled a team of attorneys from our bankruptcy, intellectual property and commercial practice groups to present a series of three lunch briefings exploring different aspects of how companies and investors can turn the current market situation to their advantage.

Session 3: February 25, 2009
Strategies for Dealing with Distressed Companies in a Commercial Context
In-house lawyers are faced with an ever-changing set of rules and case law that directly affect their company’s business dealings with distressed or bankrupt entities. This presentation will focus on several different issues that in-house counsel should be aware of including:

• The power of the U.S. Bankruptcy Code to impact contract rights, as well as tips for drafting and amending contracts when dealing with distressed or bankrupt parties;
• How to best avoid lawsuits against your company for preferential payments or fraudulent transfers;
• Strategies for dealing with customers or vendors in financial distress; and
• Lender liability – the rules of the road for dealing with distressed customers or vendors when there is a prospect of litigation.

For additional sessions, please click below:

Session 1: December 11, 2008
Intellectual Property Rights and Strategies in Bankruptcy

Session 2: January 28, 2009
Strategies for Acquiring Distressed Companies

We will be announcing a similar program on the East Coast, please contact us for further details, or watch our website (www.mofo.com) for new information.

Morrison & Foerster LLP (Provider #2183) certifies that this activity has been approved for MCLE credit by the State of California in the amount of 1 hour.