List of Defendants Grows in Deepening Insolvency Cases: Advisors, Investment Bankers and Lenders Are All at Risk

January 2005Articles The Journal of Corporate Renewal

Turnaround professionals are exposed regularly to potential liability for malpractice claims, breach of contract claims, and negligence. When claims are asserted and the conduct in question extended the company’s existence during a period of mounting debt, one recognized method of calculating damages is to measure the extent of the company’s deepening insolvency.

This article was also published by the Turnaround Management Association's TMA Global.

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