Patrick M. Costello, Principal Attorney with Vectis Law Group to Speak at The Knowledge Group’s Receiverships, Assignments and Other Bankruptcy Alternatives Webinar
Patrick M. Costello, Principal Attorney with Vectis Law Group to Speak at The Knowledge Group’s Receiverships, Assignments and Other Bankruptcy Alternatives: What's the Best Way Out?
New York, NY, September 16, 2016 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Patrick M. Costello, Principal Attorney with Vectis Law Group will speak at The Knowledge Group’s webcast entitled: “Receiverships, Assignments and Other Bankruptcy Alternatives: What's the Best Way Out?” This event is scheduled for September 22, 2016 from 12:00pm to 2:00pm (ET).
For further details, please visit: https://theknowledgegroup.org/event-homepage/?event_id=1731
About Patrick M. Costello
Patrick M. Costello has practiced law for over 30 years, primarily in the areas of insolvency, bankruptcy, creditors' rights, workouts, secured transactions, and commercial law. He has represented debtors, creditors, trustees, creditors' committees, purchasers, licensors, licensees, non-institutional lenders, venture debt funds, officers, boards of directors and investors in bankruptcies, out-of-court workouts, assignments for benefit of creditors, dissolutions and a broad range of highly leveraged and distressed transactions with an emphasis on IP centric companies in transactions ranging from small start-ups to public companies and billion dollar transactions. Mr. Costello has counseled directors, senior management, investors, and creditors concerning potential duties and liabilities to creditors and/or the corporation in the "zone of insolvency" and has advised and represented such parties in state and federal court litigation concerning their conduct in distressed circumstances. He has successfully represented members of management in appeals before the Ninth Circuit.
Mr. Costello received a B.A., cum laude, from the University of Chicago and his J.D. from Hastings College of the Law.
Mr. Costello has lectured on a range of bankruptcy and insolvency issues before bar associations, corporate law firms and trade groups, and has been a guest lecturer at Santa Clara Law School and the University of California Hass School of Business. He has served on the Insolvency Law Committee of the Business Law Section of the State Bar of California and as a co-chair of the UCC Committee of the Business Law Section of the State Bar of California.
Mr. Costello has co-authored "Technology Licensing: Protecting Licenses Against the Risk of the Licensor's Insolvency" in the California Business Law Practitioner, Vol. III, No. 2, Spring 1988; "New Bankruptcy Code Section 365(n): Limited Comfort for the Technology Licensee" in California Business Law Reporter, Vol. X, No. 5, January 1989; "Intellectual Property Licenses After the Enactment of Special Legislation: Limited Security" in Business Law News, Vol. 11, No. 3, Winter 1989; and "Now That the Tide Has Turned: The Impact of Bankruptcy on Customers of Technology Licensors and Service Providers" in Technology Access Report, (January 2002).
Mr. Costello is admitted to practice in the State of California, the United States District Court for the Northern, Eastern, and Central Districts of California, and the Ninth Circuit Court of Appeals.
About Vectis Law Group
Vectis Law Group is a Silicon Valley based commercial law firm that advises and represents financially impaired business concerns, their management and investors, and the full range of entities transacting business with them. For more than twenty-five years, the Firm's principal has served his clients by carefully crafting and executing legal stratagems that tackle a broad spectrum of corporate financial problems and global credit risks.
Abstract
Given the economic downturn in recent years, financially distressed businesses are forced to make hasty decisions with permanent consequences. While most of these businesses and their creditors are familiar with the common bankruptcy options, the alternatives to bankruptcy are often overlooked. In this two-hour live Webcast, a panel of key thought leaders will offer an in-depth discussion of the business and legal fundamentals of this significant topic and will explain the benefits and ramifications of receiverships, assignments and other bankruptcy alternatives.
Key topics include:
- Why bankruptcy isn’t always the best option
- Business considerations when selecting an Alternative
- General overview of Alternatives
• Assignment for the Benefit of Creditors
• Receiverships
• Article 9 Foreclosure
• Out of Court Work Outs
- Considerations when selecting an Alternative
• The advantages and disadvantages to each Alternative
• Who controls the process
• How each Alternative compares to bankruptcy
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
For further details, please visit: https://theknowledgegroup.org/event-homepage/?event_id=1731
About Patrick M. Costello
Patrick M. Costello has practiced law for over 30 years, primarily in the areas of insolvency, bankruptcy, creditors' rights, workouts, secured transactions, and commercial law. He has represented debtors, creditors, trustees, creditors' committees, purchasers, licensors, licensees, non-institutional lenders, venture debt funds, officers, boards of directors and investors in bankruptcies, out-of-court workouts, assignments for benefit of creditors, dissolutions and a broad range of highly leveraged and distressed transactions with an emphasis on IP centric companies in transactions ranging from small start-ups to public companies and billion dollar transactions. Mr. Costello has counseled directors, senior management, investors, and creditors concerning potential duties and liabilities to creditors and/or the corporation in the "zone of insolvency" and has advised and represented such parties in state and federal court litigation concerning their conduct in distressed circumstances. He has successfully represented members of management in appeals before the Ninth Circuit.
Mr. Costello received a B.A., cum laude, from the University of Chicago and his J.D. from Hastings College of the Law.
Mr. Costello has lectured on a range of bankruptcy and insolvency issues before bar associations, corporate law firms and trade groups, and has been a guest lecturer at Santa Clara Law School and the University of California Hass School of Business. He has served on the Insolvency Law Committee of the Business Law Section of the State Bar of California and as a co-chair of the UCC Committee of the Business Law Section of the State Bar of California.
Mr. Costello has co-authored "Technology Licensing: Protecting Licenses Against the Risk of the Licensor's Insolvency" in the California Business Law Practitioner, Vol. III, No. 2, Spring 1988; "New Bankruptcy Code Section 365(n): Limited Comfort for the Technology Licensee" in California Business Law Reporter, Vol. X, No. 5, January 1989; "Intellectual Property Licenses After the Enactment of Special Legislation: Limited Security" in Business Law News, Vol. 11, No. 3, Winter 1989; and "Now That the Tide Has Turned: The Impact of Bankruptcy on Customers of Technology Licensors and Service Providers" in Technology Access Report, (January 2002).
Mr. Costello is admitted to practice in the State of California, the United States District Court for the Northern, Eastern, and Central Districts of California, and the Ninth Circuit Court of Appeals.
About Vectis Law Group
Vectis Law Group is a Silicon Valley based commercial law firm that advises and represents financially impaired business concerns, their management and investors, and the full range of entities transacting business with them. For more than twenty-five years, the Firm's principal has served his clients by carefully crafting and executing legal stratagems that tackle a broad spectrum of corporate financial problems and global credit risks.
Abstract
Given the economic downturn in recent years, financially distressed businesses are forced to make hasty decisions with permanent consequences. While most of these businesses and their creditors are familiar with the common bankruptcy options, the alternatives to bankruptcy are often overlooked. In this two-hour live Webcast, a panel of key thought leaders will offer an in-depth discussion of the business and legal fundamentals of this significant topic and will explain the benefits and ramifications of receiverships, assignments and other bankruptcy alternatives.
Key topics include:
- Why bankruptcy isn’t always the best option
- Business considerations when selecting an Alternative
- General overview of Alternatives
• Assignment for the Benefit of Creditors
• Receiverships
• Article 9 Foreclosure
• Out of Court Work Outs
- Considerations when selecting an Alternative
• The advantages and disadvantages to each Alternative
• Who controls the process
• How each Alternative compares to bankruptcy
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
Contact
The Knowledge Group
Thomas LaPointe, Jr., Executive Director
646-844-0200
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
646-844-0200
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
Categories