Restructuring Options – Can Chapter 11 Bankruptcy Give your Company Breathing Room?
The recent economic malaise has adversely affected many companies that are experiencing cash flow issues. Some of these issues can be corrected with improved collections, new product innovations, cost reductions, entries into new markets, and infusions of new capital. Unfortunately for many companies, access to new capital is limited to finance the growth that a company believes would allow it to restore operations. So, what are the options? One of our experts, Dave Garlock, discusses those options in this article.