An Insider’s Guide to Delaware, One of the Busiest Bankruptcy Courts in the United States
Written By Rafael X. Zahralddin-Aravena, Esq. and Elliott Greenleaf, P.C.[1] Wilmington, DE Shareholder, Director and Commercial Bankruptcy and Restructuring Practice Chair Delaware continues to be a venue of choice for parties seeking a consistent and sophisticated jurisdiction to file an insolvency proceeding, whether the case is a large bankruptcy or a midmarket bankruptcy. Companies have the Delaware […]
Red Flags That Warrant Consideration for Renegotiating Terms
Every day that a B2B payment is late, the value of that receivable to the creditor declines. What’s worse is that if a late payer ends up in bankruptcy, it takes the rosiest-colored glasses to hope for more than pennies on the dollar. Spotting negative warning signs and trends among customers in advance of troubled […]
NACM Northwest Portland Holiday Open House
NACM Northwest Spokane Holiday Open House
Winners and Losers: They Call Alabama the Crimson Tide, Call Me Deacon Blues
By: David Conaway, Partner, Bankruptcy Practice Administrator, Shumaker, Loop & Kendrick, LLP In Bankruptcy Code Section 363 sales of assets, there are winners and losers. Chapter 11 is known as a forum for reorganizing or selling a financially distressed business. If a Chapter 11 reorganization is not possible, a sale of assets may create investment opportunities for […]
Asserting Mechanic’s Lien or Payment Bond Rights: The Devil is in the Details
When it comes to determining the correct path for securing the various lien or bond provisions that ultimately help secure payment on a construction job, public or private, there are typically a few simple steps credit managers can take. Provided one carries out these actions, like filing a payment bond notice on a public job […]
Five Reasons Businesses Have Shied Away from Credit Insurance
Businesses will likely have insurance to protect assets such as buildings or equipment, but one of its largest assets oftentimes goes uninsured. Credit or trade insurance provides an option to cover a company’s accounts receivable. Trade finance or credit insurance supports up to 80% of global trade, according to the Export-Import Bank of the United […]
Congratulations New Designation Holders
Congratulations to our newest designation holders who took their certification tests on November 7, 2016. CCE Mark Teeter, CCE Pam Wagner, CCE Tess Ricard, CCE Sheryl Rasmusson, CCE CBF Beverly McCluskey, CBF CBA Ashlee Lawrence Minty, CBA Jodi Martinez, CBA
Keen, Inc. – NACM Northwest Lifetime Member
The NACM Northwest Foundation is pleased to announce that Keen, Inc., became a Corporate Lifetime Member in August 2016. The Foundation is also pleased to announce that Marsha Johnson, CCE, and Raeann Binau, CICP, RGCP, have recently become lifetime individual members. Their support is greatly appreciated. The NACM Oregon Foundation was established and incorporated on […]
Important Actions to Maintaining a Healthy Business Credit Score
There are many risks associated with a poor business credit score. The good news is, there are many things you can do to improve your business’s credit score and maintain a high credit score as your company grows. In the following pages, we’ll show you five simple steps you can take to improve your company’s credit […]