Unlocking Gating Issues in Potential Debtor Engagements

Sponsored by Faegre Drinker Biddle & Reath LLP

This panel discusses several threshold issues that should be considered when determining whether you can and should represent a potential debtor client, including (1) whether you can ethically and legally be retained, (2) how you can be compensated for your work, (3) whether your potential client has the requisite corporate authority, and (4) reasons to walk away from an engagement before it’s too late. The panelists highlight real-life examples and provide best practices and pitfalls to avoid with respect to these issues.