The Financial Distress Tool Box: Alternatives To Using Bankruptcy

October 14, 2009
Turnaround Management Association of Nevada
Ruth's Chris Steakhouse3900 Paradise Road
Las Vegas, NV 89101

5:30 p.m. - 7:30 p.m.

Please Join Us As our Distinguished Panel Explain More Appropriate Alternatives To Using Bankruptcy When Being In Financial Distress

Today, bankruptcy is inappropriately being used as the sole route to navigate the challenges of a company being in financial distress. Many members of TMA Nevada who deal in bankruptcy everyday, are seeing the bankruptcy laws being used by companies who should not be using them because of their unawareness of more cost efficient and time expedient alternatives, such as Assignment for the Benefit of Creditors. This legal tool and approach can save money, time and heart ache to many a business executive who faces financial challenges. There are only eight states in the United States where this practice of law can be conducted and Nevada is one of them.


William M. Noall

Howard B. Samuels
Brett A. Axelrod
David N. Missner