
Bankruptcies & Reorganizations - Cullen Speckhart, Cooley LLP
The HLEP Podcast
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The Importance of Involving Restructuring Professionals
What are the opportunities in such a crisis? It sort of depends on the kind of crisis and the type of urgency that is created by the crisis. Negotiating with creditors and lenders if there's funded debt around how to modify those contractual obligations. Involving financial advisors who might help the company implement things like cash conservation or create projections, 13-week cash flow models.
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