Schnader Attorneys Present “Financial Basics Every In-House Attorney Should Know” at the DELVACCA Mini-MBA CLE Institute

Schnader attorneys David Smith, Albert S. Dandridge, III, and Melissa S. Blanton, along with Sovereign Bank in-house counsel, Stephanie LaRue, presented “Financial Basics Every In-House Attorney Should Know” at the DELVACCA Mini-MBA CLE Institute on November 29, 2012. 

Topics included:

Basic Accounting Principles

• How to read financial statements
• What is the hidden information inside these reports and what does it mean to you?

Understanding Loan Financial Covenants in Today’s Market

• Commonly seen financial covenants in loan documents
• Current trends regarding these loan covenants
• Tips to avoid defaults and missteps relating to these covenants

Employee Stock Ownership Plans and Prudent Investment Options

• What is the responsibility of management to its employees regarding the riskiness of these investments?