Shumaker Manufacturing

A Legal & Industry Review

“Takata: The Unfortunate Recall” featured in the ACC Charlotte Chapter’s December Newsletter

David Conaway’s article, “Takata: The Unfortunate Recall”, was featured in the  Association of Corporate Counsel Charlotte Chapter’s December 7, 2017 Newsletter. In the article, David discusses Takata’s airbag recall and the economic ramifications for its stakeholders, in connection with Takata’s Chapter 11 filing cross-border insolvency proceedings. Continue reading

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.


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.

German Reform of Avoidance in Insolvency

I am pleased to share a great article on the recent reform of German insolvency law regarding avoiding pre-insolvency transactions by my good friend and colleague Annerose Tashiro, a leading cross-border insolvency specialist in Germany. This is important in the event a contract counter-party becomes insolvent in Germany. Also, German avoidance laws are likely applicable should an insolvent German company also file a Chapter 15 proceeding in the U.S.

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Credit & Financial Development Division of National Association of Credit Management (CFDD)


I enjoyed a great interactive discussion in Charlotte on October 11, 2016 with members of the Credit & Financial Development Division of National Association of Credit Management (CFDD) on strategies to minimize risk and avoid loss when customers become insolvent, go out of business or face catastrophic economic events. Great questions and discussion.cfdd-capture