UCC Article 9: Extracting Business Value from Distress

This interactive webinar provides an overview of how the use of an Article 9 sale can be beneficial for business preservation, giving the seller incentive by providing the opportunity to earn from the new business in a non-ownership capacity and giving creditors the chance to increase recovery value on defaulted loans.

TMA Central Texas:

As a streamlined alternative to bankruptcy or ABCs, a strategic UCC Article 9 short-sale of business assets can resolve and relaunch a business operation, predictably and efficiently, requiring only the consent of the senior creditor and defaulting borrower. Through a senior lender’s Article 9 sale of ‘in-use’ assets, an uninterrupted and unencumbered business operation can be passed into a new legal entity, under new ownership.

This interactive webinar provides an overview of how the use of an Article 9 sale can be beneficial for business preservation, giving the seller incentive by providing the opportunity to earn from the new business in a non-ownership capacity and giving creditors the chance to increase recovery value on defaulted loans.

Robert DiNozziChief Growth Officer, Partner

Robert DiNozzi serves as Chief Growth Officer for Second Wind Consultants, overseeing brand strategy and value-added relationships with lenders, investors, business intermediaries and other stakeholders.