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Synopsis
The authors of this text are specialists in the area of reorganization and restructuring for the international law firm of Squire, Sanders & Dempsey, L.L.P., and have represented clients in the U.S. and abroad. Their guide explains the basics of the reorganization process from a business person's perspective, including what the Bankruptcy Code is all about, the new players in restructuring and their roles, the new realities for the troubled business entity, business operations within the context of a bankruptcy proceeding prior to approval of a plan for reorganization, what is and is not possible in a reorganization plan, and ten myths about bankruptcy. Intended for corporate executives, boards of directors, investors, creditors, bankruptcy professionals, and anyone considering business restructuring. Annotation c. Book News, Inc., Portland, OR (booknews.com)