1. Maximizing Value: Considerations for Directors of a Company in Distress

    Maximizing Value: Considerations for Directors of a Company in Distress

    Directors of a leveraged company should begin to consider the implications of not being able to access traditional debt markets on appropriate terms.  This concern is particularly acute for companies with near-term debt maturities, prior difficulty achieving financial projections, a declining EBITDA forecast and/or capital funding needs reliant on low interest rates...

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