Duane Morris’ Business Reorganization and Financial Restructuring Practice Group for a discussion on the workout process, especially the complexities involved for cannabis companies
THE PRICE –
Free
THE DATE –
Wednesday, February 24, 2021 | 12:30 p.m. to 1:30 p.m. Eastern
THE RATING –
THE BLURB –
Join attorneys from Duane Morris’ Business Reorganization and Financial Restructuring Practice Group for a discussion on the workout process, especially the complexities involved for cannabis companies. Topics to be discussed include:
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When and why to file bankruptcy
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An overview of how assets and companies are structured and the implications for debtors and lenders
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Why Chapters 7 and 11-13 bankruptcies wouldn’t work for a domestic cannabis company
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Using Chapter 15 for larger, multinational cannabis companies, especially for a Canadian parent company with operations in the United States
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Proactive solutions to prospective lenders on how to best secure themselves in view of the bankruptcy limitations
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Reviewing transaction documents to asses “what if” case scenarios
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Case study of iAnthus: How documents were drawn up, issues or “surprises” encountered, document drafting on the front end of transactions and nonstandard provisions
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