
The Retail Apocalypse Continues: Now With Challenges From COVID-19
National Association of Credit Management Webinar June 24, 2020Brad Sandler and Scott Hazan presented this webinar for the National Association of Credit Management Executive Briefing. The presentation discussed the impact of the pandemic on retailers and retail practices; rights of the supplier when attempting to collect existing accounts receivable; creditor practices for addressing the bankrupt retailer, including effects of the pandemic on the court and creditor issues such as extending terms and the ordinary course defense; and refining the terms and conditions section of sales contracts, agreements, and credit applications to minimize ongoing credit risk.
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