Legal Options for Dealing with Delinquent Customers

Legal Options for Dealing with Delinquent Customers

General Information Time: 3:00 - 4:00 pm EST Cost: Members: $249  NonMembers: $299

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Description

A company that has suffered losses at the hand of a delinquent customer has a variety of legal options at its disposal to enhance the likelihood of collection of past-due invoices. However, the determination of which legal remedy, or remedies, is the best for a particular situation depends on a number of variables, including (1) the nature and extent of pre-default credit enhancements (such as guaranties and security interests) obtained by the creditor; (2) the location of the customer; (3) the customer’s solvency; (4) evidence of fraud or misconduct by the customer or its principals; and (5) the anticipated cost of pursuing such remedies relative to the expected benefit. During this interactive webinar, Thomas Fawkes and Brian Jackiw, partners with the law firm of Goldstein & McClintock LLLP, will address the various litigation and bankruptcy tools that are available to aggrieved creditors, and will discuss best practices for analyzing which of these tools are the “best fit,” depending on the facts and circumstances of the customer dispute.

Presenter

Brian Jackiw, Esq. & Tom Fawkes, Esq

Thomas Fawkes is a partner with Goldstein & McClintock LLLP, a boutique bankruptcy and creditors’ rights law firm, in its Chicago office. Thomas focuses his practice on bankruptcy, creditors’ rights and financial restructuring matters, representing official committees, unsecured and secured creditors, debtors, financial institutions, trustees and asset purchasers in bankruptcy cases, out-of-court restructurings, and liquidation proceedings throughout the United States. He also assists his clients in structuring commercial transactions with a view towards mitigating risk of future bankruptcy and insolvency losses. Thomas was recently selected by Turnarounds & Workouts as an Outstanding Young Restructuring Lawyer, an honor given to only 12 attorneys across the country annually. He holds a J.D. from Northwestern University School of Law.

Brian Jackiw is a partner with Goldstein & McClintock LLLP, a boutique bankruptcy and creditors’ rights law firm, in its Chicago office. Brian is experienced in bankruptcy and commercial litigation, having represented plaintiffs and defendants in avoidance actions, complex bankruptcy claim disputes, breach of fiduciary duty actions and bankruptcy fraud litigation. He has defended and prosecuted hundreds of preference and fraudulent transfer claims in jurisdictions throughout the United States. Brian has also spent significant time as a creditors’ rights advocate, representing trade creditors in and outside of bankruptcy, as well as official committees of unsecured creditors. He is a graduate of the United States Military Academy at West Point and holds a J.D. from the University of Illinois.

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