Overview

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.

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9780578427867

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Reviews

This book compiles all the important information a business leader, lender, or investor needs to know and understand to work within the financially distressed world. Besides being a quick read, I think its biggest value will be as a useful reference tool for many years to come. -- Steve Green KGI Advisors As the owner of a retail business with locations in several states, my business suffered the same fate that afflicted some of the best retail companies in the United States. Having learned from the school of hard knocks, I see this book as an excellent guide for business owners like myself who must work through the difficult and unpredictable area of business restructuring. -- Brian Lipman, Chief Executive Officer, B&B Bachrach

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