Restructuring Options in Food and Beverage Manufacturing
Comment are off
The panel will discuss trends that are impacting the food and beverage manufacturing industry, factors leading to financial distress, recognizing early signs of trouble, restructuring alternatives available, including sale of the business, capital availability, and business repositioning.
MAJOR TOPICS INCLUDE:
•New consumer trends – organic and antibiotic-free
•Impact of casual dining restaurant and grocery store distress on food and beverage manufacturers
•Impact of tariffs and agricultural distress of food and beverage manufacturers
•Consideration in lending to or investing in food and beverage manufacturers
•Bankruptcy Section 363 sales versus out of court sales versus foreclosure sales
•Asset sale versus true Chapter 11 plan of reorganization
•Ways to protect receivables of food manufacturers from customer insolvency/slow pay
•Ways to protect payments received from customers from future preference recovery risk in a future customer insolvency
•Toll manufacturing for a customer onsite
•Landlord issues/restructuring leases
•Union/labor/pension issues
•Environmental issues
•Mass tort/food safety issues and related insurance coverage
•Liquor license and other regulatory issues (Cannabis)
•Issues with remarketing specialized or proprietary equipment or products
•PACA claims
PANEL:
-
George Blanco, CTP, CIRA, Managing Principal at Enterprise Management Advisors LLC
-
Matt Grimes, Managing Director, Encina Business Credit