Receiverships May Be Particularly Useful For New Industries

By Ira Bodenstein and Brian Soper (December 19, 2018, 2:56 PM EST) -- In today's business and financial marketplace, receiverships should be considered as an alternative for troubled businesses facing insurmountable balance sheet issues. For businesses that become embroiled in contentious or potentially fraudulent issues with little or no hope of surviving as an ongoing concern, receiverships can serve as a viable and cost-effective strategy for resolving debt and addressing business challenges....

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