Reviving The Financially Distressed Business is the essential guide for business owners and corporate leaders whose companies are under—or anticipating—financial difficulties. Packed with case studies, practical pointers, and takeaways, the authors—eleven professionals experienced in the nuts and bolts of the complex legal and financial mechanics of restructuring a distressed enterprise—share their insights for dealing with the various stakeholders. Spanning the alternative strategies available, from out-of-court workouts to receiverships, assignments for benefit of creditors, and reorganizations and liquidations under the federal bankruptcy code, Reviving The Financially Distressed Business outlines in easy-to-understand language the many practical steps that companies can successfully take to avoid or confront financial distress.
“What makes this book so valuable is the shared, combined wisdom of our chapter authors,” says Editor Brian L. Davidoff. “Each has devoted years of professional service to helping financially challenged companies. The knowledge and experience presented in this book would benefit every owner, CEO, CFO or COO who must navigate the rough waters of financial distress.”