Broadcast Date: Thursday, April 29, 2021
from 12:00 pm to 1:00 pm (ET)


The economic turmoil brought by the COVID-19 pandemic has given rise to a wave of distressed companies. Because of today’s chaotic economic landscape, these distressed companies need to be more well-versed in dealing with their debts and obligations. With the unprecedented challenges of managing distressed debts in the backdrop, both lenders and creditors will need to explore available options such as restructurings and workouts with increased prudence.

A thorough understanding of how to implement restructurings and workouts can help businesses amplify their chances of a successful loan renegotiation. Businesses should also continuously reassess their financial status and keep their communication with their lenders open.

In this CLE Webcast, bankruptcy and restructuring experts Kirk B. Burkley (Bernstein-Burkley, P.C.) and Mark Podgainy (Getzler Henrich & Associates LLC) will provide a practical guide on how companies can navigate the various issues surrounding distressed debt, restructurings, and workouts. Speakers will also present tactics that can be utilized to manage and avoid risks in the workout process.


Key topics include:

  • Distressed Debts and COVID-19
  • Recent Updates and Developments
  • Restructurings and Workouts: Challenges and Opportunities
  • Risk Management
  • Best Practices

Learning Objective:

  • Determine the considerations companies should take when planning restructurings or workouts due to distressed debts


Course Level:



Advance Preparation:

Print and review course materials


Method of Presentation:

Live Webcast; Group-Internet Based



General knowledge of bankruptcy laws


Course Code:



NY Category of CLE Credit:

Areas of Professional Practice


NASBA Field of Study:

Business Law – Technical


Total Credit:

1.0 CLE

1.0 CPE (Not eligible for QAS (On-demand) CPE credit)

Speaker Panel:

Kirk B. Burkley, Managing Partner
Bernstein-Burkley, P.C.

Kirk B. Burkley is the current Chairman of the American Board of Certification and the Managing Partner at Bernstein-Burkley, P.C., with locations in Pittsburgh, Cleveland, and Wheeling, W.Va. Kirk is experienced in representing secured and unsecured creditors in bankruptcy, financial restructuring, and workout situations, including the representation of numerous unsecured creditors’ committees, equipment lessors, and commercial landlords. Kirk has been named to the Pennsylvania Super Lawyers list every year since 2013 and has been recognized by Best Lawyers® every year since 2011. In 2020, he was named to the Top 50 Pittsburgh Super Lawyers List and was the only attorney specializing in bankruptcy and restructuring to be included on the list.

Mark Podgainy, Managing Director
Getzler Henrich & Associates LLC

Mark Podgainy is a Managing Director in the New York office of Getzler Henrich & Associates.; he has more than 20 years of experience working with healthy, underperforming and distressed middle market businesses, both as an advisor and as a member of the management team.  He has worked with companies in situations ranging from healthy to bankruptcy, where he has provided operations restructuring, business plan analysis, performance improvement, cash and vendor management, bankruptcy consulting and interim management services.  He has also worked with law firms on forensic and litigation support assignments in bankruptcy cases.  His clients have included business owners, boards of directors, private equity firms, lenders, creditors’ committees and law firms, and he has worked primarily in the consumer products, building products, food, hospitality, retail, apparel and textile, and real estate sectors.


Kirk B. Burkley, Managing Partner

Bernstein-Burkley, P.C.


Mark Podgainy, Managing Director

Getzler Henrich & Associates LLC

1. Background

a. Recap of the last year

b. Where are we today?

2. What are the restructuring options today, in the context of the current environment?  And what are the considerations?

a. Relief Under the Bankruptcy Code

b. Out-of-court

3. Workout

a. Business Assessment

b. Key workout elements – what’s specific and most relevant to today’s environment?

c. Key considerations for workouts in the current environment – practical guide

d. Other options

Date & Time:

Thursday, April 29, 2021

12:00 pm to 1:00 pm (ET)

Who Should Attend:

  • Bankruptcy and Restructuring Lawyers
  • Corporate Finance Lawyers
  • Financial Reporting Officers
  • Asset Management Officers
  • Financial Advisers
  • Financial Analyst
  • Auditors and Accountants
  • Top-Level Executives
Preventing Ransomware Attacks: A Practical Guide to Enhancing IT Security and Resiliency,
Speaker Preferred Package (Online Payment)
Asbestos Litigation: Demystifying Trends, Developments, and Defense Strategies,
New York Online CLE Bundle
Pennsylvania Online CLE Bundle
California Online CLE Bundle
Supercharging Privilege Review With AI, Analytics, and Automation,
The Hows and Whys of Child Abuse Reporting: A Comprehensive Ethical Guide for Lawyers,
Maximizing Your Innovation ROI: R&D Tax Credits in 2024 and Beyond,
Winning Patent Litigation: Essential Strategies and Tactics,
Demystifying Economic Sanctions: Strategies for Success in a Global Economy,
Practical Trademark Perspectives from U.S. and Canadian Counsel,
Effectively Manage KYC Compliance: Keep Up with the Times by Getting Back to Basics,
OFAC Regulations and the Economic Sanctions Compliance Programs: Best Practices,
'Zombie' LIBOR for USD Contracts: Navigating the Critical Issues, ,
Calculating Lost Profits in Construction Claims: A Practical Guide,
False Claims Act and COVID-19 Implications: Key Considerations and Best Practices, ,


Kirk B. BurkleyManaging Partner
Bernstein-Burkley, P.C.
Mark PodgainyManaging Director
Getzler Henrich & Associates LLC



View Details


View Details


View Details

Join Over 160,000 Professionals Empowering Their Careers

Learn anywhere from over 3000+ live and recorded CLE, CPE & Technology Webcasts.