September 23: Creative Solutions for Bolstering Balance Sheets Post COVID-19

EDITTED: SORRY, SPONSOR EDITTED THEIR LISTING TO PUT A PRICE ON IT. THIS IS NOT FREE.

Although it is hard to forecast when the COVID-19 crisis will finally come to an end, one thing is certain: Even before that time, a lot of companies will see their balance sheets severely weakened by the prolonged closures, stay-at-home orders and downturn to the economy. An impaired balance sheet can adversely affect a company’s toolbox for addressing the underlying problems in numerous ways, from making it harder to attract capital investments or secure loans to decreasing a company’s value on a sale of the business.
An often overlooked and effective strategy for improving a company’s balance sheet is using specialized insurance products to replace all or a portion of the company’s balance sheet reserves with insurance. In addition to removing or reducing the reserves, insurance has the added benefit of being a tax-deductible expense.
In this One-Hour Briefing, Joseph Ehrlich, National Practice Leader for Private Equity, Family Office and M&A at Beecher Carlson Insurance Services, LLC will discuss:

• The uses of various insurance products to effectively eliminate or minimize balance sheet reserves, including
• Credit insurance
• Tax insurance
• Litigation insurance and
• Specific Contingency insurance
• How using Intellectual Property insurance can help companies maximize borrowing basis for certain IP-backed loans
• The uses of Tax Insurance to limit exposure for tax credit backed securities
• The process for obtaining coverage, including underwriting considerations, costs, and timelines for binding coverage.

Title:
Creative Solutions for Bolstering Balance Sheets Post COVID-19
Webinar Date+Time:
September 23, 2020
1:00 PM EDT
Continuing Legal Education Webinar - Register Now!
Speaker:

• Joseph Ehrlich, Beecher Carlson Insurance Services, LLC
• Program Attorney: Amy Taub, Practising Law Institute.

By:
Practising Law Institute (PLI)
Credit:
Credit in most jurisdictions
Cost:
PLI is providing free access to online programs covering legal developments related to the global coronavirus crisis. Please use this priority code during checkout: FREE COVID

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