Cash Shortage - South Bay Law Firm
3732
page-template,page-template-full_width,page-template-full_width-php,page,page-id-3732,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-child-theme-ver-1.0.0,qode-theme-ver-17.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.6,vc_responsive
 

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
@southbaylawfirmJan 19
Coverage of Sears' sale on this week's Reorg Americas podcast. Check it out! https://t.co/OGnQYvUx3N
Michael Good
@southbaylawfirmJan 19
Bankruptcy and Insolvency News and Analysis – Week Ending January 18, 2019 https://t.co/phSA7ntWzu South Bay Law Fi… https://t.co/SDWOiJg9dY
Michael Good
@southbaylawfirmJan 13
Some interesting cross-border rulings this week. Check them out! https://t.co/F3nytEHX9s