Businesses rarely arrive at a restructuring engagement asking for an out-of-court restructuring or a court-supervised restructuring. They arrive because liquidity...

Becoming financially distressed doesn't tell a business which restructuring framework it needs. A company may be unable to satisfy its...

Financial distress often causes business owners to ask the wrong question first. As liquidity tightens, creditors become increasingly aggressive or...

Businesses entering restructuring rarely arrive with uncertainty about what has gone wrong. Management generally knows the immediate source of the...

Businesses experiencing financial distress often begin searching for a solution using the language of the immediate problem. A loan has...

Businesses experiencing financial distress often begin searching for someone who can solve the most urgent problem confronting them. A lender...

Part 1 Businesses experiencing financial distress often reach the same conclusion. The problem has become a legal one. A lender...

Businesses experiencing financial distress almost always begin in the same place. A lawsuit has been filed. A lender has declared...

Business owners usually ask who to call before they've answered the question that should come first: what does the business...

Businesses rarely arrive at a restructuring engagement wondering whether they still have an operating business worth preserving. By the time...