In a receivership a court appoints a third party neutral to assist parties in recovery outside of bankruptcy. States are reforming statutes, such as the MCRA in Missouri which codified and streamlined the aspects of receiverships. This creates a guide for practitioners and assists the judges in their decision-making process. Learn more about state equity receiverships from CRA member Thomas Riske, Principal at Carmody MacDonald in this episode of the Receivership 101 Video Series: What is a Receivership.

Understand how a composition agreement is used as an alternative to filing for bankruptcy when creditors are willing to help the debtor continue their business. Read this 90-second lesson What is a Composition Agreement? for more.

One of the most critical parts of effective business planning is risk management. If something goes wrong, will you be covered?

Business insurance protects you when trouble comes, but securing insurance can be tricker than it sounds. It’s important to consider different types of business insurance, understand how it works, and identify what your business needs. 

Learn more by attending Protecting The Principal, The basics of business insurance and understanding what you’re actually paying for on May 10th, 2023. Attend online or in person in downtown Chicago, IL. 

Email info@financialpoise.com for more info