Скачать или смотреть Chapter 11 Bankruptcy Is Not a Way to Save Cash

Many middle-market leaders mistakenly view bankruptcy as a way to save cash. In reality, Chapter 11 bankruptcy is not a cost-cutting strategy, but rather a tool for debt restructuring. In the short term, it's expensive and cash-intensive.

Eric Camm explains why Chapter 11 requires significant liquidity upfront, including payments to legal counsel, financial advisors, and professionals on the creditor committee. While bankruptcy can provide longer-term relief through debt restructuring, companies considering this path must understand the near-term cash demands and execution risk involved.

**Eric is a Certified Turnaround Professional and former corporate attorney. He has led numerous M&A transactions, restructuring engagements, and receiverships, and heads Turning Point’s Turnaround and Restructuring group. Keep up with him on LinkedIn:   / ericcamm