Europe Imports Chapter 11 Concepts

As reported in the Wall Street Journal, bankruptcy laws across Europe, particularly in France, Germany, Spain and Italy, are going through a makeover, and the model that is being used is Chapter 11 of the US Bankruptcy Code.  Until now, the vast majority of European...

Credit Insurance Flexibility

Credit Insurance – Available Options One misconception about credit insurance that I see frequently in talking with companies that are looking into it for the first time is that they assume that the insurance company will require that they insure all of their...

Trade Receivable Puts

If you are considering doing business with any of the public companies that are showing signs of financial distress, and credit insurance is not available on that company, how can you protect against bad debt? One solution is a Trade Receivable Put.  A Trade...