Do Officers of a Construction Company Have a Duty to Use Security?

Webinar Details

Date & Time:
Wed., September 17, 2014
1pm CST

Duration:
15 minutes, plus Q&A

Presenters:
zlien Chief Legal Officer, Nate Budde

Who Should Attend:
CFOs, credit managers, finance professionals, and is interested in financ

What's Covered:

The officers of a business have specific obligations. They owe their businesses certain fiduciary duties, such as the "Duty of Care" and the "Duty of Loyalty," and the duty of advancing the business as a whole.

The use of security rights can have a measureable and significant impact on a construction company's cash flow, accounts receivable (A/R) value, and reported earnings. Is the failure to use these available security measures, then, a breach of an officer's duties to his/her company?

We'll explore the implications of this question and more in this webinar.