Taft Stettinius & Hollister LLP | USA | 6 Jul 2020
As a corporate officer or director, the only way to take a bad situation like bankruptcy and make it worse is to be confronted with personal…
Taft Stettinius & Hollister LLP | USA | 8 Jun 2020
Establish or enhance strong customer intake procedures, including establishing overall credit limits and payment terms, as well as…
Taft Stettinius & Hollister LLP | USA | 5 Jun 2020
As businesses continue to feel the impact of COVID-19, many vendors and service providers should be aware what actions they should take if their…
Taft Stettinius & Hollister LLP | USA | 27 May 2020
The following provides guidance on managing private equity-owned portfolio companies in distress…
Taft Stettinius & Hollister LLP | USA | 20 May 2020
The primary benefit of a guaranty by the business owner to the lender (or lessor or supplier) is that the owner herself will be highly motivated to…
Taft Stettinius & Hollister LLP | USA | 20 May 2020
As companies reach a point where they need to close down their businesses, there are many factors to consider. This bulletin addresses frequently…
Taft Stettinius & Hollister LLP | USA | 20 May 2020
As business owners navigate the changing environment in response to the coronavirus pandemic, they may need to look at alternate sources of capital…
Taft Stettinius & Hollister LLP | USA | 20 May 2020
The number of changes and new information surrounding distressed companies can be overwhelming. The following provides helpful answers to questions…
Taft Stettinius & Hollister LLP | USA | 27 Apr 2020
It is one tool, but perhaps the most dramatic remedy, in the toolbox of restructuring attorneys. Chapter 11 is…
Taft Stettinius & Hollister LLP | USA | 18 Mar 2020
Given recent business closures ordered by local and state governments, commercial landlords face enormous uncertainty regarding lease and mortgage…