Official Committees of Unsecured Creditors: Why You Should (Or Should Not) Serve

Written By: Jason B. Binford, Partner, Foley & Lardner LLP Over the course of the credit manager’s career, they will likely have opportunities to serve as a member of an official committee of unsecured creditors in a bankruptcy case. Any creditor representative presented with such an opportunity should carefully weigh the pros and cons. Committees […]

President’s Message

How quickly it turns to Fall and with the change in weather comes a full calendar of events for credit professionals. I trust you’ve seen the invitations to the Western Credit Conference coming to Portland, October 23-25. These opportunities to invest in yourself and your career shouldn’t be passed up. The planned programs are applicable […]

Economic Review – A Tale of Two Economies

Written by: Keith Prather, Armada Corporation Intelligence Depending on which media source one prefers to listen to, it seems that we are being pitched two extreme economic conditions. But when we peel back the onion, there is an interesting story at the core of our current economic condition. The U.S. (and the global economy for […]

Congratulations to Our Newest Designation Holders

Congratulations to our newest designation recipients. Eleanor and Reshnita have earned their Certified Business Associate (CBA) designations and Erika has earned the Certified Business Fellow (CBF) designation. Nice job ladies! Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact, Shawna Kelly […]

5 Risks You Need to Manage When Expanding Your Global Footprint

By: Jane Hay, Vice President, U.S. Bank Published: April 05, 2018 The global market is always changing, with new opportunities and challenges arising every day. Here are several of the major risk factors in international trade to consider. In the world of global trade, even the best-laid plans can go awry. I talk with clients […]

Did You Know – Bankruptcy Checklist

Did you know we have more resources like this on our website under our Credit Resources? We are always finding new things to add to this page including this Bankruptcy Checklist that was just updated and added with help from Rod Wheeland, CCE and NACM CS.

Secured Claims vs. Unsecured Claims – What is the Difference and Why Does it Matter in Bankruptcy

Written By: Leah Eisenberg, of counsel, Foley & Lardner LLP Loans and other debts generally fall under two categories: unsecured debt and secured debt. As will be discussed below, there is a significant divide when it comes to the treatment of a secured creditor versus an unsecured creditor in a bankruptcy proceeding. Unsecured debt has […]

Economic Review – A Fragile Place

Written by: Scott Hoyt, Senior Director, Moody’s Analytics The U.S. economy is growing below its potential. Real GDP growth in the second quarter will probably come in close to 1.5%, while the economy’s current potential is estimated to be between 2.0-2.5%. If growth does not pick-up soon, job growth, which has already moderated significantly from […]

Did You Know – Tips for Data Protection on Personal Information

Information Compiled by: Kathy Linscott, NACM Commercial ServicesContent from Experian and Fair Credit Reporting Act (FCRA) Companies often keep sensitive personal information about customers or employees in their files or on their network. In today’s world, there is more and more fraud reported all the time. We all hold the responsibility of keeping this information […]

Western Credit Conference & Foundation Scholarship Winners

Recipient NameAshlee Minty, CBA, CCRA — Northwest Natural GasDebbie Hinseley — Stainless Cable & RailingJeff Butterfield — Pacific SeafoodJody Johnson — Star Rentals IncLannette Dodson — CO-Energy / Connell OilMaria Hoyle, CBA, CICP — Weir ESCOTammy Roebke — Norpac Foods IncMatthew Wright — SAIF Corporation Check out the conference website for more details on the […]