While the words "Chapter 11" may seem scary, this portion of the Bankruptcy Code helps a business reorganize its finances. The COVID-19 pandemic has adversely affected many Tampa-area (and U.S.) businesses, and now Saint Leo University is presenting a free webinar to aid business owners and managers.
The Tapia College of Business will present Re-Imagine Your Future Under Subchapter V: A Chapter 11 Survival Tool for Small Businesses, 6 - 8 p.m., Wednesday, February 3.
In a fortunate coincidence, Subchapter V took effect in February 2020, shortly before businesses had to close to prevent the spread of the novel coronavirus. Specifically designed to streamline the bankruptcy process for small businesses, this revision to the U.S. federal bankruptcy law reduces costs, increasing the chance for owners to successfully emerge from bankruptcy.
This free webinar explores Subchapter V as an option for small businesses severely affected by the current pandemic. Dave Jennis, one of Tampa's leading bankruptcy attorneys, will discuss key considerations for bankruptcy and lead the audience through the process, from filing to the moment companies emerge from bankruptcy. Jennis will be joined by Dr. Rudi Mueller, president of TCMI, who will underscore the role of the trustee, a unique feature under Subchapter V, and explore how to leverage assistance in the development of operational and financial plans for survival.
Jennis is the founding attorney of the Jennis Law Firm. His practice focuses on the areas of complex corporate bankruptcy, workouts, restructuring and reorganizations, and commercial litigation. He is board certified in business bankruptcy law by the American Board of Certification and has been appointed to its board of directors. He is a member of the American Bar Association, the Business Law Section of the Florida Bar, the American Bankruptcy Institute, and other professional organizations.
Mueller brings more than 25 years of corporate and consulting experience to his position as president and senior partner of TCMI Inc., a consulting group specializing in operational, growth, and turnaround management. He is a Certified Turnaround Professional (CTP), an active member of the Turnaround Management Association (TMA), and serves on the Florida Board of the TMA. He held various C-level positions (CEO and COO) in corporations serving the automotive, construction, furniture, and cabinet-making industries.
Re-Imagine Your Future Under Subchapter V is part 5 of the Business Re-Imagined: Surviving the Pandemic webinar series presented by Saint Leo University and will be moderated by Dr. C'Lamt Ho, assistant professor of accounting from the Tapia College of Business.
"Saint Leo and the College of Business wanted to do something to give back to the community," said Dr. Robyn Parker, dean of the Tapia College of Business. "'Community' is one of Saint Leo's core values, and we thoroughly embrace the idea of helping others. We hope that businesses and organizations will take advantage of these free sessions."
Small business owners and the public are invited to attend. To register, go to https://www.saintleo.edu/business-events.
For more information, email Kim.Bulmanski@saintleo.edu.