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Feb 2020
February 26, 2020
Restructuring and Insolvency Webinar Series

Webinar | Hosted By: Warner

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Warner Norcross + Judd presents a webinar series to address the potential impact distressed companies can have on business. Although your business is thriving, that may not be the case for your suppliers, vendors or customers. There are ways, however, to prevent their distress from negatively impacting your business. In this series, Warner attorneys share best practices to implement now and in the future regarding distressed companies and changes in bankruptcy law.
February 26, 2020 — Best Practices for Addressing Troubled Customers

Sue Cook, Rozanne Giunta and Dennis Loughlin

As the economy softens, your troubled customers may now have fewer options than in the past to avoid cash-flow crunches. From identifying early signs of a troubled customer to walking the fine line of continuing to do business with a troubled customer, we’ll help you navigate such pitfalls in order to best position your company during these increasingly trying times.     

March 19, 2020 — Tooling Payment Resolution: How to Address Slow or Delayed Payment of Supplier Tooling

Sue Cook and Dennis Loughlin

Slow or delayed tooling payments can be a symptom of a larger problem with your supplier. Identifying the nature of the problem and dealing with it quickly are key. From quality disputes to disguised cash flow management methods, learn techniques to gain leverage in such situations and protect your company. We’ll explore the important priming lien rights granted to designers, manufacturers or assemblers of tools and molds under the Michigan Special Tools Lien Act, the Michigan Ownership Rights in Dies Molds and Forms Act, and similar statutes in other states. Learn how to obtain and perfect a first priority lien on tools or molds delivered to your customers. This can be especially important when PPAP significantly delays required payment after delivery   

April 20, 2020 — Bankruptcy Update

Rozanne Giunta and Ralph Colasuonno

Learn about the latest legal changes in bankruptcy and the impact to your business. We will highlight the new amendments to the Bankruptcy Code, including the new streamlined Small Business Chapter 11 process and amendments relating to farm bankruptcies and veteran benefits. In addition, we will take a look at how Michigan’s Commercial Real Estate Receivership Statute will affect lenders, receivers and borrowers with respect to loans secured by commercial real estate and pending legislation to amend the Assignment of Rents Statute.

NOTICE. Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you.

By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you.

Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.



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