Companies fail all the time, for all sorts of reasons. Some companies become distressed, or even insolvent, because of mismanagement; others because of fraud; others for myriad other reasons- some intrinsic to the company and some extrinsic. Regardless of the cause, failing or failed companies create a unique set of issues, risks, and even opportunities for all involved. This area of law and finance has become so specialized that no fewer than five (American Bankruptcy Institute; Association of Insolvency & Restructuring Advisors; Commercial Law League of America; National Association of Federal Equity Receivers; Turnaround Management Association) national organizations exist to help those who specialize in the field to stay up to date on the latest developments, strategies, and tactics in the area.
Produced on June 14, 2018 at 2:00 p.m.
Produced on July 12, 2018 at 2:00 p.m.
Produced on August 9, 2018 at 2:00 p.m.
Produced on September 6, 2018 at 2:00 p.m.
Produced on October 4, 2018 at 2:00 p.m.