Shumaker Manufacturing

A Legal & Industry Review


“There is No Such Thing as a Free Horse”

“As a horse owner, I was excited to see on September 24, 2016, The Wall Street Journal published an article “The Need for Steed” in which it stated “the horse business is trotting ahead,” as women who rode as children are returning to the barn in droves. I know this feeling well. “[M]ore than 75% of horse owners are women,” according to the United States Equestrian Federation, and I have found that the horse barn is the equivalent of the golf course for many women professionals.” Continue reading


“Recent Legislation will Require Changes to Most Partnership and Operating Agreements”

The Bipartisan Budget Act of 2015 (the “Act”) replaced the existing partnership audit rules with a dramatically different set of rules that will be applicable to the first partnership tax year beginning after 2017. For calendar year partnerships, these rules will be effective for the 2018 tax year. Continue reading


Need to Know Bankruptcy Concepts for Manufacturing Companies Dealing with Customers and the Supply Chain

2017 ACC - Conaway

On October 24, 2017, David Conaway presented to the Association of Corporate Counsel Charlotte Chapter about “Business Bankruptcy: Executive Summary – Need to Know Bankruptcy Concepts for Manufacturing Companies”, including assessing risk of financial distress with customers and the supply chain, assessing the impact of first day motions and strategies for vendors to reduce risk and maximize the outcome in Chapter 11 cases. charlotte[1]

David Conaway is the Chair of Shumaker’s Bankruptcy and Insolvency Practice, Co-Chair of Shumaker Manufacturing, and Co-Chair of Shumaker Global, where he advises clients with respect to customers and the supply chain, including insolvencies or restructurings; commercial contracts and business transactions; and international transactions, disputes and insolvencies; and commercial and contract litigation.


INSOL Europe Annual Congress 2017

On October 6, 2017, I was honored to participate in the INSOL Europe Annual Congress 2017 in Warsaw as moderator of a panel discussion that included professionals from the UK, Romania, Sweden and Poland, on the topic of “Critical Insolvency Issues Facing Companies Dealing with Customers and the Supply Chain”.  INSOL Europe is a premier association of insolvency professionals with more than 1,200 members across Europe and beyond.

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David Conaway is the Chair of Shumaker’s Bankruptcy and Insolvency Practice, Co-Chair of Shumaker Manufacturing, and Co-Chair of Shumaker Global, where he advises clients with respect to customers and the supply chain, including insolvencies or restructurings; commercial contracts and business transactions; and international transactions, disputes and insolvencies; and commercial and contract litigation.