News Article
Chris Leon and Bill Sullivan Discuss “Doing Business with Financially Troubled Companies” in ACC Webinar
October 24, 2012
WINSTON-SALEM, N.C.—Womble Carlyle attorneys Chris Leon and Bill Sullivan led a Webinar discussion on “Doing Business with Financially Troubled Companies” for members of the Association of Corporate Counsel. Nearly 50 in-house attorneys attended the presentation, which took place Oct. 23rd.
This program explained actions that need to be taken when a good relationship goes bad and bad relations get worse. Leon and Sullivan discussed the warning signs of a financially troubled company and explained required pre-bankruptcy actions and some basic bankruptcy ground rules that apply to companies.
Chris Leon is the leader of Womble Carlyle’s Capital Markets Team. He has nearly 30 years of experience providing counsel to public and private businesses in the financial services, manufacturing, retail sales, consumer products, and health care industries in connection with structuring, negotiating and documenting all aspects of acquisitions, divestitures, complex financings and third party credit arrangements, including multi-state, multi-lender, and multi-currency transactions.
Bill Sullivan’s practice consists largely of representing defendants and plaintiffs in litigation involving financial disputes; creditors in business bankruptcy and insolvency proceedings; and commercial mortgage backed securities (“CMBS”) trusts and their special servicers in connection with defaulted loans. His litigation experience includes mediations, arbitrations, jury and bench trials, and appellate work.
This program explained actions that need to be taken when a good relationship goes bad and bad relations get worse. Leon and Sullivan discussed the warning signs of a financially troubled company and explained required pre-bankruptcy actions and some basic bankruptcy ground rules that apply to companies.
Chris Leon is the leader of Womble Carlyle’s Capital Markets Team. He has nearly 30 years of experience providing counsel to public and private businesses in the financial services, manufacturing, retail sales, consumer products, and health care industries in connection with structuring, negotiating and documenting all aspects of acquisitions, divestitures, complex financings and third party credit arrangements, including multi-state, multi-lender, and multi-currency transactions.
Bill Sullivan’s practice consists largely of representing defendants and plaintiffs in litigation involving financial disputes; creditors in business bankruptcy and insolvency proceedings; and commercial mortgage backed securities (“CMBS”) trusts and their special servicers in connection with defaulted loans. His litigation experience includes mediations, arbitrations, jury and bench trials, and appellate work.
This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.
