The aftermath of COVID-19 has required many CPAs to help clients during their most unusual time. This session will use a panel approach to address what is a distressed business and how CPAs and advisors can advise clients with their options. Panelists will bring their real world examples to illustrate the professional role in assisting business owners through their most challenging time.
Identify the basics of a distressed asset sale
Explain how to structure the sale
Recognize how to avoid a distressed asset sale
Outline a Section 363 sale
Summarize an overview of Section 382 loss limitations