September 19, 2017 | The Toy Association will be hosting a members-only webinar, “Creditors’ Rights: Techniques to Minimize Risk and Maximize Recovery,” on Thursday, October 12 at 2 p.m. (Eastern). Registration is now open for members and is complimentary.
The one-hour session will provide manufacturer members with information regarding legal rights and solutions available to help product vendors minimize risk and maximize recovery when dealing with financially troubled customers.
During the session, Jason M. Torf, a partner at Horwood Marcus & Berk Chartered, will share proactive approaches suppliers can take when faced with customers who have come under financial uncertainty. Torf, a bankruptcy and creditors’ rights expert, regularly represents clients in helping them solve their problems with troubled customers, both in bankruptcy proceedings and otherwise. The webinar will be moderated by Paul Vitale, The Toy Association’s executive vice president of finance & operations.
Issues addressed in the webinar will include: revoking credit terms, seeking adequate assurance of performance from a troubled customer, stopping delivery of goods in transit, reclamation, and tools and strategies on how to structure relationships with customers post-bankruptcy and elevate your priority when a customer files for bankruptcy.
Member manufacturers, wholesalers, and distributors are invited to participate. The session is specifically recommended for individuals involved in credit, finance, and legal functions. As always, a recording of the session will be made available for members who register but are unable to participate live.
For more information, contact Anne McConnell, senior director of market research & data strategy at The Toy Association.