Failure to give proper weight to macroeconomic factors in fixing valuation may result in overpaying creditors or having insufficient working capital.
CFO columnists provided an abundance of advice to finance chiefs in 2020. Here are some of the best columns we published.
The COVID-19 pandemic has plunged the retailer into a liquidity crisis that "could not be resolved through short-term measures."
CBL Properties and PREIT will continue operations while they navigate the restructuring process.
The COVID-19 economic downturn has small businesses considering Subchapter V bankruptcy filings over other options.
Gym owner Town Sports warned a filing was imminent as it tried to strike a refinancing deal with lenders.
The company says its insurers “turned their backs on us" as it tried to recover from store closures due to the COVID-19 pandemic.
It is the second bankruptcy filing for the oil and gas producer in four years.
Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
"The development of COVID-19 into a global pandemic erased any doubt as to whether Noble would be able to avoid bankruptcy,” the offshore rig operator said.
“For many restaurants, the COVID-19 pandemic will be the greatest challenge they will ever face; for some, it may also be their last.”
It is the 200-year-old gunmaker’s second filing since 2018.
