Terry Bartz, Managing Director, Published in The Secured Lender
Understanding Insolvency: The Lender's and the Leader's Perspective
January/February 2012
The Secured Lender
In a corporate environment, the leader and often the entire management team are responsible for a company slipping into insolvency. They failed in their fiduciary responsibility to see over the horizon and plan accordingly, regardless of the state of the economy. However, before dispatching the entire group, it is important for asset-based lenders to evaluate and consider retaining team members because there are likely to be some whose work can add value to the company as it moves forward.
Read full article in the digital edition of The Secured Lender.
