With distressed credits increasing and chapter 11 bankruptcy having become a less accessible and less popular option, lenders to distressed companies are seeking alternatives to restructure or liquidate companies without losing the going concern value of the business in the process.  During this program, three members of Dorsey’s Finance and Restructuring team will review some alternatives, with a focus on the use of chief restructuring officers (or the equivalent), assignments for the benefit of creditors, and receiverships as cheaper and more manageable alternatives to bankruptcy, and will cover the challenges, pros and cons of each for both lenders and borrowers.

Thomas Hwang, Tom Kelly and Jessica McKinlay, Dorsey & Whitney LLP


3:00 pm – 3:30 pm CT
3:30 pm – 4:30 pm CT
4:30 pm CT

Dorsey & Whitney LLP
50 South Sixth Street
Suite 1500
Minneapolis, Minnesota
Telephone: (612) 340-2600
Map & Directions

Complimentary parking will be available. Details here.

1:30 pm – 2:30 pm PT
2:30 pm – 3:30 pm MT
3:30 pm – 4:30 pm CT
4:30 pm – 5:30 pm ET

For those registered to attend by webinar, Dorsey’s webinar reminder will include connection details.

Learn more about Dorsey's Banking Industry Group practice.

Dorsey is an Accredited CLE Provider in California and New York, and this program will qualify. We will apply for CLE credit in Iowa, Minnesota, North Dakota, Oregon, Texas, Utah, Washington and Wisconsin. For any other state, Dorsey will not be applying for CLE credit. For more information, please contact Michelle Hubble. Certificates will be sent by email

If you have questions, please contact Lori Wosmek at 612-340-2723 or via email.