Bankruptcies & Reorganizations - Cullen Speckhart, Cooley LLP
The HLEP Podcast
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The Role of Directors and Officers in the Insolvency Process
A potential insolvency or a consequential liquidity event will be something that is expected and identified well before the time when it becomes an emergency for the company to deal with. So this is, they have to be really vigilant about whether or not this is a possibility in reacting accordingly.
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