Does Your Company Need a Workout? This (USD)23 million manufacturer was headed for bankruptcy with vendors hounding the company for overdue payments. Realizing he would not be able to recover the original equity put in the company through the Chapter 11 route, the owner opted for an informal workout. As a result, the creditors and vendors were satisfied, and the company righted itself and returned ...
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Strategic finance : leadership strategies in accountants and financial professionals. - Montvale, NJ : Institute of Management Accountants, ISSN 0025-1690, ZDB-ID 14706659. - Vol. 86.2004, 3, p. 51-54
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