by Al Davis | Apr 14, 2021 | Receiverships and Bankruptcy
In our last blog, we outlined the costs of Chapter 11 Bankruptcy. Shortly after writing that blog, a major Boeing supplier, TECT Aerospace, filed for Chapter 11. In their filing, they cited “catastrophic financial losses stemming from the suspension of 737 Max...
by Al Davis | Apr 1, 2020 | Receiverships and Bankruptcy
In the difficult circumstances we find ourselves today, many small companies, often backed by venture capital, private equity or significant debt financing, especially those which are not cash flow breakeven, at some point may face the prospect of running out...
by Al Davis | Jul 24, 2019 | Receiverships and Bankruptcy
In a bankruptcy, “The basic question is, are they worth more alive or dead?” said Joshua Freidman, global head of Debtwire, in an interview earlier this summer. In this particular case, he was referring to Charming Charlies which was about to file...
by Al Davis | Dec 16, 2015 | Receiverships and Bankruptcy
In a recent blog, we wrote about the high cost of Chapter 11 bankruptcy for small and mid-sized companies (SME). As we talk with owners and managers of troubled companies, we often hear: “If I can’t work things out, I’ll just declare...
