Working It Out: Using Mediation to Restructure Debt
Date: Nov 29, 2023 7:00 p.m. – 9:00 p.m.
Location: New Jersey Law Center, New Brunswick and Online
Member Price: $140
Non-Member Price: $175
- David S. Weiss, Esq.
- Weiss Law Group, LLC, Bedminster
The financial system is fighting inflation with this struggle comes the end of qe2 (quantitative easing 2) and the rate hikes of 2023. While 2024 is still open for discussion, some things are clear. For example, there are significant decouplings for large businesses such as Wiworks, which will file bankruptcy before the year is over in 2023. There are also small entrepreneurs who operate small businesses and cannot access the cheaper capital that their pre-Covid business models were designed to, forcing them to figure out how to sustain themselves or face financial loss and bankruptcy. In the real estate sector, there are cracks that are already being seen regarding office space and that will continue to be a point of discussion for other alternative asset groups in real estate in 2024. Inevitably, financial cycles impose collateral damage and mediation can be a tool which is not used widely enough in pre-decoupling processes. This panel of experts will explore how mediation can be implemented along with the workout specialist as a team process to maximize value and efficiency for all stakeholders impacted by a business’s need to restructure and survive in 2024.
Prior to this informative new seminar, there will be a cocktail reception for networking with experts and your colleagues.
- Cocktail Reception - 6 p.m. to 7 p.m.
- CLE Seminar - 7 p.m. to 9 p.m.