RT Journal Article SR Electronic T1 What Every Investor Should Know about Lenders and the Turnaround Process JF Turnaround Management FD Institutional Investor Journals SP 73 OP 81 VO 2002 IS 1 A1 William J. Hass A1 Patrick C. Lagrange YR 2002 UL http://guides.pm-research.com/content/2002/1/73.abstract AB Investors should put themselves in the shoes of a lender when a company is having financial trouble. Lenders will immediately review the most important loan documents—and so should the investor. Next, review the company-generated reports to understand its collateral and available courses of action. Assuming the enterprise should continue, the process of a turnaround begins. The authors lay out each stage, its objectives, and the tasks involved.