Alternatives to Bankruptcy

Bankruptcy attorney Brent McIlwain will participate as a panelist in the Secured Finance Network's (SFNet) 81st Annual Convention, joining a discussion that will address how rising professional and administrative costs and limited access to Subchapter V benefits may push middle-market companies to pursue alternative paths to restructuring beyond the U.S. Bankruptcy Code. He will examine non‑bankruptcy strategies from the secured lender's perspective, including assignments for the benefit of creditors, Uniform Commercial Code (UCC) Article 9 secured party sales, state and federal receiverships, and other out‑of‑court arrangements to maximize collateral value and drive successful restructurings.