In this episode, host Carol Collison speaks with Ori Katz, Partner in the Finance and Bankruptcy Practice at the law firm Sheppard Mullin about when and how business owners should approach their creditors when their financial situation is deteriorating. Topics include: the importance of having a clear understanding of your financial situation; how lenders think about their risks and how that affects you; and when it’s time to speak with a professional advisor. The conversation also includes the differences between such legal options as Assignment for the Protection of Creditors, Receiverships, and Bankruptcy.

https://www.sheppardmullin.com/okatz

https://www.sheppardmullin.com/

Questions? Comments? [email protected]

Sponsor: Global Wine Partners https://www.globalwinebank.com/

Music: Nate Collison

Logo Photography: John Corcoran