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...
by Lou Kertesz | Jan 12, 2022 | Receiverships and Bankruptcy
As we enter 2022, we realize that many of the sources of cash that companies relied on over the past year have come to an end. The SBA’s EIDL loan program has come to an end for new applicants. PPP loans are either forgiven or in that process. And while there...
by Al Davis | Nov 10, 2021 | Receiverships and Bankruptcy
Nothing makes media headlines faster than jaw-dropping executive incentive payouts and/or retention bonuses paid prior to a company’s bankruptcy filing. Within this context, the impact of COVID-19 has been uneven across sectors and has contributed to poor...
