Recognizing the Early Warning Signs of Distress & Informal Workout Options

MONDAY, OCTOBER 26 2020 12:00 PM - 1:30 PM ET

As a trusted advisor to your clients, you can help them recognize early warning signs of trouble and take action to protect their hard work, assets and investments. Gain the know-how you need to conduct a health check for your corporate clients. Take away a toolkit with the right questions to ask to develop creative approaches and beneficial arrangements including:

• Proactive strategies: Understanding the pre-insolvency strategies available to raise liquidity, unlock equity and reduce costs to avert a crisis
• Negotiating with creditors: Helpful tactics for reaching out to key stakeholders
• Effective approaches for dealing with changing relationships with bankers and lenders
• What to do when your client gets a demand letter
• Forbearance agreements: When should you use them, what should be in them, what points can you negotiate?
• Knowing when you need to engage a financial advisor and understanding their ethical obligations.

Presenters

Rob Stelzer, Vice President, Advisory Services, Grant Thornton Limited
Tushara Weerasooriya, Partner, McMillan LLP