A Practical Guide on Distressed Debt, Restructurings, and Workouts: What You Need to Know and Do

The economic turmoil brought by the COVID-19 pandemic has given rise to a wave of distressed companies. Because of today's chaotic economic .. Read more landscape, these distressed companies need to be more well versed in dealing with their debts and obligations. With the unprecedented challenges of managing distressed debts in the backdrop, both lenders and creditors will need to explore available options such as restructurings and workouts with increased prudence. A thorough understanding of how to implement restructurings and workouts can help businesses amplify their chances of a successful loan renegotiation. Businesses should also continuously re-assess their financial status and keep their communication with their lenders open. In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide a practical guide on how companies can navigate the various issues surrounding distressed debt, restructurings, and workouts. Speakers will also present tactics which can be utilized to manage and avoid risks in the workout process.