Factors That Drive the Use of Chapter 11 in Restructurings
When a company acknowledges the necessity of a balance sheet restructuring, people often ask, “Can a restructuring be completed without an in-court bankruptcy”?
When a company acknowledges the necessity of a balance sheet restructuring, people often ask, “Can a restructuring be completed without an in-court bankruptcy”?
A key consideration in overcoming challenges is pairing the strategy with the problem.
Companies often encounter challenges, including temporary issues like fluctuating energy prices and disruptions from weather or strikes.
Distress can come from the cumulative effect of less-than anticipated cash flow. The first miss is ignored, then repeats and perhaps is slightly larger. Eventually, the cumulative impact presents a credible threat.
Vintage Wine Estates, Inc. announced the appointment of Steven Strom to its Board of Directors, as of March 28, 2024.
From a board-level perspective, an early sign that a convertible might become a problem is when financial
performance targets (especially in terms of growth or margins) are not being realized.
Engaged governance is when the board is deeply involved and focused on problem solving, not merely getting reports from management and providing encouraging words.
When analysts ask tough questions, management teams may face a dilemma: should they stick to the script or reveal all the potential risks?
Match Point Partners and Odinbrook Global Advisors announce a joint venture to collectively offer restructuring and recapitalization advice to venture capital-backed companies experiencing financial distress.