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Why and How Someone Else’s Bankruptcy Can Affect Your Small Business

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Flaster/Greenberg
March 15, 2011

The bankruptcy filing of one business can produce a negative ripple effect touching every company that does business with the debtor. For many small businesses, the impact can be devastating, even if the business is only remotely tied to the debtor. In an economic climate as volatile as today’s, the risk of loss stemming from another company’s bankruptcy is yet another cost of doing business, adding to the almost overwhelming burden shouldered by small business owners. 

The March installment of the "Legally Speaking" program will focus on how and why someone else’s bankruptcy can affect your small business. The workshop explains the bankruptcy process from the perspective of a non-debtor. The topics will cover the bankruptcy claim process, the assumption or rejection of contracts, asset sales, common bankruptcy litigation and other common pitfalls for small business. Presenters Gene Chikowski, Chair of the Bankruptcy, Financial Restructuring and Risk Management Practice at Flaster/Greenberg PC, and Greg Kupniewski, a member of the practice, will also examine how the current economic climate has changed the reorganization process, using examples from recent cases including Metro Goldwyn Mayer, Lehman Brothers, General Motors and Circuit City.

Speakers:

Eugene J. Chikowski, Bankruptcy Practice Group Chair, Flaster/Greenberg PC 

Greg T. Kupniewski, Attorney, Flaster/Greenberg PC

Location:               Flaster/Greenberg PC

                              1810 Chapel Avenue West

                              Cherry Hill, NJ 08002 

Time:                     Registration: 8:00 am               

                              Program: 8:30 - 10:00 am 

Sponsored By:       Burlington County College High Technology Small  Business

                              Incubator

                              Rutgers–Camden Business Incubator

                              Rutgers–Camden Small Business Development Center 

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