From Business Viability and Cashflow Analysis to First Payment Rights – Restructuring and Bankruptcy Considerations for the Food, Beverage and Agribusiness Industry

Host Kermit Nash, co-chair of Saul Ewing Arnstein & Lehr’s Food, Beverage and Agribusiness (FBA) Practice, speaks with Barry Chatz, a partner in the Firm’s Bankruptcy and Restructuring Practice, on a variety of financial issues and restructuring and bankruptcy tools and considerations for FBA companies, including how many have shortened their periods of cashflow analysis from quarterly to weekly or daily to determine if they can survive. Barry explained how certain federal laws, such as the Perishable Agricultural Commodities Act and Packers and Stockers Act, help ensure that full payments are first made to producers and wholesalers of agricultural products before others.