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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Every company inevitably either knowingly or inadvertently will do business with an entity that is in financial distress. How do you plan to do business with a financially troubled company? What legal steps can be taken to ensure performance by such a company? What actions can be taken to ensure payment or performance under an agreement with a distressed company? Will your client be liable for a preference recovery upon payment by a company that ultimately files for bankruptcy? Or is your client interested in acquiring assets from a company in financial distress? How do you assist your client in structuring such an acquisition? The panel will discuss the waterfront of issues covering business transactions with a distressed company.

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