by Lou Kertesz | May 10, 2023 | Receiverships and Bankruptcy
While Revitalization Partners (RP) continues to see an increase in the number of inquiries related to distressed companies and receiverships, we have also seen an increase in receiverships occurring as a result of partnership disputes. The significant...
by Lou Kertesz | Feb 15, 2023 | Receiverships and Bankruptcy
Recently, Revitalization Partners (RP) was contacted by a company that had the problem facing many small companies: It had run out of cash. The company is in a business sector that was impacted by difficulties in that sector, problems caused by covid and an...
by Lou Kertesz | Nov 10, 2022 | Receiverships and Bankruptcy
Revitalization Partners (RP) continues to see an increase in the number of inquiries and activity related to receiverships. We thought we would share another story as part of our ongoing series “Tales from the Receivership Trail” reflecting our experience...
by Lou Kertesz | Oct 12, 2022 | Receiverships and Bankruptcy
There are many current negative economic indicators that would suggest that in the near future there likely will be an increasing number of distressed companies. Particularly, as the Central Bank appears to be ready to continue to increase interest rates until...
by Lou Kertesz | Sep 28, 2022 | Receiverships and Bankruptcy
Given the current business climate, particularly in light of recent negative economic indicators, there is little question that more businesses will be showing signs of distress. For example, the US business activity gauge contracted for the third consecutive...
by Lou Kertesz | Jan 26, 2022 | Receiverships and Bankruptcy
Suppose that a company whose board of directors that you sit on, or you are a significant owner or equity holder, or perhaps even with a personal guarantee for the company’s debt. It is possible that not very long ago, the company’s financial condition was...
