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Gassman crotty den
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Free cpe webinars
Creditor Protection for Your Best Clients


Cost Free
Presentation Length 1.0 hour

Recorded DateMarch 3, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaSpecialized Knowledge
Course LevelBasic
Course Description

The Corona Virus has brought a financial tsunami the likes of which we have never seen. At this juncture in time, millions of small businesses and professionals find themselves struggling not only to have enough cash to survive the shutdowns and loss of revenues caused by the virus but also to have the resources and advice they need to know how to proceed to do their best to survive. Bankruptcy lawyers are already very busy and not always well versed in what strategies can be used to help a business survive and avoid having to file in Bankruptcy court. 

The following topics will be covered:

  • State and federal laws concerning the insolvency of operating entities, and the fiduciary duty of officers and directors to protect creditors and their rights. 

  • The law of preferential transfers, and what transactions can be safely engaged in between owners and other "insiders" and an insolvent or possibly insolvent entity. 

  • How to make the best use of a "friendly creditor" and other strategies that may help keep more aggressive creditors at bay. 

  • Strategies for preserving cash and negotiating with creditors, including Assignments for the Benefit of Creditors.  

  • Special rules that apply to leases and long term employment agreements in bankruptcy. 

  • Corporate and individual bankruptcy rules and mistakes that can cause criminal liability and loss of the right to discharge indebtedness. 

  • Ethical and attorney-client privilege issues and how to handle them. 

  • Playing the "Florida card" and why. 

  • And more

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Gassman crotty den

Alan S. Gassman, J.D., LL.M., is a board-certified estate planning and trust lawyer who practices in Clearwater, Florida. He has an LL.M. in taxation from the University of Florida and practices in trust and estate planning, tax, wealth preservation, and the representation of physicians and medical practices.

Mr. Gassman speaks at many tax conferences, national programs, and webinar platforms, including Bloomberg BNA Tax and Accounting and the Notre Dame Tax and Estate Planning Institute

About Our Presenter

Gassman crotty den

Our firm was formed in 1987 with one lawyer and a shared secretary and receptionist to provide representation to professionals, business owners and retirees in their estate and related tax and personal planning, business and corporate needs.

Since then we have grown to 6 lawyers and over 20 staff, which we have found over the past two decades to be the best size for us. We are very proud of our team, our systems, and our dedication to providing the best and most appropriate legal services for all clients, whether big or small. Our lawyers meet together almost every morning to discuss and work together on cases, strategies and practice improvement projects in order to work the most efficiently and effectively for our clients. We like what we do and enjoy working together.