Financially Distressed Companies Answer Book provides a broad overview of topics relating to financially distressed companies, presented in question-and-answer format. It is intended to be an easy reference with respect to issues for the management of a company finding itself in financial distress, a vendor or other creditor trying to manage its exposure or understand a bankruptcy process, or a nonbankruptcy lawyer needing a description of the legal concepts relevant to distressed companies.
The book provides answers detailed enough to provide a working understanding of concepts, and relevant statutory and case law cites to facilitate any necessary further research. Examples and practice tips help illustrate concepts and provide practical guidance. Topics discussed include: