Nancy A. Peterman, Shareholder, Greenberg Traurig, LLP to Speak at TKG's LIVE Webcast

Top Quote This event is scheduled for May 31, 2017 @ 3:00 PM to 5:00 PM (ET). End Quote
  • New York, NY (1888PressRelease) February 17, 2017 - The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Nancy A. Peterman, Shareholder, Greenberg Traurig, LLP will speak at the Knowledge Group's webcast entitled: "LLC Operating Agreements 2017: How Blocking Rights Can Protect and Impede Lenders."

    For further details, please visit:
    https://theknowledgegroup.org/event-homepage/?event_id=2587

    About Nancy A. Peterman
    Nancy A. Peterman is Chair of Greenberg Traurig's Chicago Restructuring & Bankruptcy Practice. She focuses her practice on corporate restructurings, bankruptcy and creditors' rights law, and has a wide range of experience representing debtors, purchasers of assets, committees and secured creditors. Nancy is a former member of the Board of Directors and the Executive Committee of the American Bankruptcy Institute. She is a Fellow in the American College of Bankruptcy, a Board Certified Business Bankruptcy Lawyer by the American Board of Certification, and is listed in Chambers USA and Best Lawyers in America. She earned her law and undergraduate degrees from the University of Michigan.

    About Greenberg Traurig, LLP
    Greenberg Traurig, LLP is an international law firm with approximately 2000 attorneys and governmental affairs professionals in 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT provides integrated, business-focused legal services for clients ranging from Fortune 500 corporations to innovative start-ups. The firm's multidisciplinary teams include senior lawyers who have served as chief legal officers at major multinational companies and have spent years solving real-world problems in the business, political and legal arenas. GT's Restructuring & Bankruptcy Practice provides clients with the insight and knowledge that come with decades of advisory and litigation experience. The team handles highly complex issues that arise in reorganizations, restructurings, workouts, liquidations, and distressed acquisitions and sales, both domestically and in cross-border proceedings.

    Event Synopsis:
    In establishing a Limited Liability Company (LLC), a well-drafted operating agreement is a must. It governs the course of the company and provides a framework in terms of those decisions that the board or others must approve or consent to in the future. One important feature of an operating agreement includes blocking rights on major decisions which are oftentimes given to the company's secured lenders or major investors.

    In uncertain loan situations, blocking rights may play a vital role in a lender's willingness to make a loan or ability to protect its collateral position upon default. If a secured lender holds these rights, it may be able to block, for example, the company from filing bankruptcy, engaging in a restructuring, selling or dissolving. Recently, however, courts have challenged a lender's ability to utilize their blocking rights on major decisions.

    The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of blocking rights in LLC operating agreements. In this two-hour LIVE Webcast, speakers will discuss how blocking rights help and impede lenders, investors and others. They will also provide significant insights on recent bankruptcy court decisions addressing the exercise of these blocking rights.

    About The Knowledge Group/The Knowledge Congress Live Webcast Series
    The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/

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