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PNWCC a capitol success in Salem.

From September 17-20, CFDD Salem-Albany and NACM Oregon joined forces to host the Pacific Northwest Credit Conference (PNWCC) at the Salem Conference Center and the adjoining Grand Phoenix Hotel. It was the first time ever that the conference was held in Oregon's capital city.

The conference's focus was on building partnerships, earning CEU points and education. Attendee numbers seemed to be unaffected by the economy as the number was consistent with that of the last several years. Sessions included "Small Claims/ Collecting on Judgments," "Financial Analysis" and "Portfolio Management Tools/Scoring." In the session "Corporate Challenges and the Role of the Credit Manager," presenter Jeffrey O'Banion, CCE, CEW, CICP, director of credit, Northwest Natural Gas, noted that credit managers not only need to know the traditional "Cs of Credit," but also the "Five Cs of Credit Management"--customer interests, customer-related processes, coordinate and integrate, compensation plans and cross-functional approach. Other sessions touched on a wide variety of topics from escheatment, workplace automation, collecting from difficult customers, payment transaction trends and managing risk.

"The educational offerings were high quality and the networking possibilities were great," said Hal Wineland, CCE, general credit manager, Pendleton Woolen Mills and PNWCC co-chairman. "I would hope that the attendees advanced their credit knowledge to help their companies in these difficult times. I also hope we were able to move attendees closer to obtaining professional designations."


The conference speakers list included the ever-popular Bruce Nathan, Esq., Lowenstein Sandler PC, who gave a presentation on "Preferences, Security Issues and Recent Bankruptcy Case Law Benefiting Trade Creditors" This included an in-depth look at Section 503(b)(9), administrative priority claims, as well as reclamation rights under Section 546(c) under the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). Nathan also participated in the Creditor's Rights Forum with Dorman Wood, co-founder and president, Dorman Wood Associates; Scott Blakely, Esq., Blakeley & Blakeley LLP; and Barry Caplan of Sussman Shank, LLP.

"I thought the entire conference was very good, one of the best I have attended," remarked John Peel, senior credit consultant, JP Consultants LLC, PNWCC co-chairman. "I especially enjoyed Scott Blakeley's class on escheatment. I learned that un-repaid, unearned discounts could offset credits that would otherwise be turned over to the state under escheatment laws."

On Friday, PNWCC attendees were treated to a presentation by Oregon Senator Ben Westlund during lunch, while the morning session "Consumer/Business Fraud" was presented by Jan Margosian, consumer information coordinator, Oregon Department of Justice.

"I hope that the attendees walked away with at least one piece of information that will save their company more than the cost of the conference," said Peel, adding, "I know I have from every conference I have attended."

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Title Annotation:Pacific Northwest Credit Conference
Publication:Business Credit
Article Type:Conference notes
Date:Nov 1, 2008
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