South Bay Law Firm | Cash Shortage
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Cash Shortage

CASH SHORTAGE

Left unattended, what were initially perceived as manageable operating losses or other problems can cascade into chronic shortages of cash.  This can cause a business or public entity to struggle in meeting payroll, debt, or other basic operating obligations.

 

To survive, management must immediately and effectively communicate with employees, creditors, and other interested parties – and be prepared to negotiate or to accept an objective, realistic plan for quickly resolving the cash shortage.

 

When a client must resolve a cash shortage, South Bay Law Firm can provide immediate advice based on an in-depth understanding of cash shortages and the legal backdrop against which restructuring negotiations typically occur.

Michael Good
@southbaylawfirmAug 27
"Bankruptcy and Insolvency News and Analysis – Week Ending August 25, 2017" https://t.co/EHQujWikNx by @southbaylawfirm on @LinkedIn
Michael Good
@southbaylawfirmAug 21
"Bankruptcy and Insolvency News and Analysis – Week Ending August 18, 2017" https://t.co/logf5UlsuV by @southbaylawfirm on @LinkedIn
Michael Good
@southbaylawfirmJul 22
"Bankruptcy and Insolvency News and Analysis – Week Ending July 21, 2017" https://t.co/5Ah8VBOycX by @southbaylawfirm on @LinkedIn