How To Decide Between Out-Of-Court Workout And Bankruptcy
Law360, New York (February 19, 2014, 4:31 PM EST) -- Once a company acknowledges that it is in financial distress, management and its professional advisers will need to determine the most effective and efficient path to achieve a resolution in a timely fashion. Doing so typically will require an analysis of the types and nature of the company's various obligations, as well as the extent and nature of the company's defaults in respect thereof.
Whether the company is currently in default on certain obligations or merely anticipates a default in the near future, the company's current liquidity situation and the sheer size of the creditor group affected by the current or...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!