Assessing The State Of And Options For Your Business During COVID-19 Fallout
YoungUpstarts
JUNE 17, 2020
This means: compiling a balance sheet, listing all of your assets, all of your payables (or “liabilities”), including what may become a liability down the road (i.e., A “reorganization” that enables management to stay in control of the business, but wipes out equity if creditors are not paid in full. Chapter 11.
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