Dodging the bankruptcy bullet
Start adding items to your reading lists:
Sign in
or
Create your account
How can boards help their companies navigate distress—before it’s too late?
Boards must be prepared to deal with rapidly deteriorating circumstances that could push a company into insolvency.
Businesses, industries and the economy as a whole run in cycles. Any company can become susceptible to financial distress at some point. Directors need to recognize that every company could at some point face financial losses, or even total dissolution. And so, directors and management must be prepared to deal with rapidly changing circumstances that could cause such distress. One of the ways companies may try to alleviate financial distress is through a financial or operational restructuring.
Related content
Bankruptcy and restructuring year in review 2017
Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.
The board’s guide to deals
Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.
Contact us
Paula Loop
Leader, PwC's Governance Insights Center, PwC US
Tel: +1 (646) 471 1881
Email
Steven Fleming
Leader, Business Recovery Services, PwC US
Tel: +1 (917) 929 6199
Email
Catherine Bromilow
Partner, Governance Insights Center, PwC US
Tel: +1 (973) 236 4120
Email
Follow us
