Law Bulletins
Troubled Companies
Troubled Companies
Refinancing and restructuring troubled companies is a special challenge, but one that we relish. These clients are usually facing a combination of lack of liquidity, loss of employees and management talent and dwindling assets and resources, especially time.
Taft attorneys introduce such clients to our network of nontraditional lenders and intermediaries familiar with these challenges. We work closely with the company’s accountant and financial advisor so that we all understand ownership’s and management’s goals. Then, we effect an expedited process of negotiating with incumbent and prospective lenders and key constituents.
We have assisted many troubled companies over the years, in industries such as manufacturing, technology, technology, agriculture, trucking/transport, services and pharma.
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