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, technology transactions, intellectual property, and corporate practice groups to present a series of three breakfast briefings exploring different aspects of how companies and investors can turn the current market situation to their advantage.

Session 3:  Thursday, April 23, 2009
Strategies for Dealing with Distressed Companies in a Commercial Context

CXOs are faced with an ever-changing set of rules and case law that affect their company’s business dealings with distressed or bankrupt entities. This presentation will focus on several different issues that CXOs should be aware of, including:
• The power of the Bankruptcy Code to modify existing contracts;
• Tips for drafting and amending contracts when dealing with distressed or bankrupt parties;
• How to avoid lawsuits against your company for preferential payments or fraudulent transfers; and
• Strategies for dealing with customers and vendors in financial distress.

The expert team of Morrison & Foerster partners include:
• Thomas Knox, Corporate and Technology Transactions
• Lorenzo Marinuzzi, Bankruptcy