Advising the Distressed Small Business Owner: Workout, Bankruptcy, and Restructuring Options (Online Seminar)

MCLE Credits: 2.0
Ethics Credits Included: 0.0

MCLE Credit: 2.0 (Ethics: 0.0)
Live-Interactive Credit: 0.0
Price: $135 (Includes a downloadable audio version.)
Viewable Through: 8/31/2018


A pre-recorded streaming VIDEO replay of the August 2015 webcast, Advising the Distressed Small Business Owner: Workout, Bankruptcy, and Restructuring Options.

Topics covered include:

  • A discussion regarding the necessary considerations when determining whether bankruptcy is the best option
  • A review of non-bankruptcy options, such as workouts or state-court receiverships
  • An examination of the relief available under Chapter 11, Chapter 7, and Small Business Debtor provisions of the Bankruptcy Code
  • An overview of the pitfalls that the client and counsel may encounter along the road to financial recovery, including the issue of "who is the client" when finances of the two are intertwined
  • A discussion of state law requirements for the dissolution and termination of a corporation or LLC
  • A look at how counsel can help clients determine when the best course of action may be to focus on the individual

Attorneys across a variety of practice areas often encounter distressed small businesses. Arm yourself with the knowledge to address some of these clients’ most pressing concerns! Whether you are a business practitioner, a bankruptcy practitioner, a family law specialist dealing with family-owned companies, or a generalist, this program will provide you with a basic understanding of the important areas to be aware of when determining the most appropriate course of action.

This CLE will provide the bankruptcy practitioner with essential knowledge and practical tips to guide small business clients through the hardest of times.


Save up to 40% on online seminars and webcasts with the purchase an 8- or 12-credit Online Bundle. Take up to 365 days to choose the programs you want.

Government Attorney? Receive a 50% discount on this and most seminars, and a 30% discount on publications.
New Virginia Lawyer? (less than three years) Receive a 25% discount on this and most seminars and publications.



Elizabeth L. Gunn, Sands Anderson / Richmond

Elizabeth Gunn is the Bankruptcy Specialist for the Virginia Office of the Attorney General, Department of Social Services, Division of Child Support Enforcement and represents the Division in bankruptcy courts throughout the Commonwealth and the country.  Prior to joining the Attorney General’s office, Ms. Gunn was in private practice representing debtors, creditors, official committees, and trustees in all chapters of bankruptcy and in out of court workouts.

Ms. Gunn earned her law degree cum laude from Boston College Law School where she served as Solicitations and Symposium Editor of the Boston College International and Comparative Law Review. She graduated cum laude from Willamette University with a degree in Politics and Economics.

Ms. Gunn is on the Executive Committee of the Bankruptcy Section of the Richmond Bar Association, is a Director At Large for the International Women’s Insolvency & Restructuring Confederation, is the Newsletter Editor for the Consumer Bankruptcy Committee of the American Bankruptcy Institute, and is on the team of editors for the American Bankruptcy Institute's Volo Circuit Court Opinion First Reporter.


Hannah W. Hutman, Hoover Penrod / Harrisonburg

Upon graduating from the William & Mary College of Law, Hannah Hutman practiced law in Dayton, Ohio.  Upon returning “home” to the Shenandoah Valley, she practiced as a sole practitioner representing business and individuals in bankruptcy proceedings and creditor negotiations.  Her practice areas include bankruptcy, debtor and creditor rights, and general corporate work. In addition to representing businesses and individuals in bankruptcy proceedings, Ms. Hutman has represented national and regional banks in all aspects of commercial collections, including restructuring obligations, asset liquidations and dispositions, and foreclosure.  She has been named an Ohio Super Lawyers Rising Star, a Virginia Super Lawyers Rising Star, and a member of Virginia’s Legal Elite.

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    Charlottesville, VA 22901


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