Abstract
Whether restructuring in or out of court, appropriate planning makes the difference between a successful reorganization and going out of business. The process of the three R's—restructuring, reorganization, and resuscitation—include the vital components of experience, outstanding attitudes, desire, well-planned communications, perseverance, dynamic leadership, and integrity. This article details strategies, examples, suggestions and opportunities to increase chances for successful navigation through the three R's.
- © 2004 Institutional Investor, LLC
Don’t have access? Register today to begin unrestricted access to our database of research.