Every company I’ve worked with in a turnaround has people around the table wearing more than one hat. A director has different duties than an officer. A creditor has different rights than a shareholder.
Every company I’ve worked with in a turnaround has people around the table wearing more than one hat. A director has different duties than an officer. A creditor has different rights than a shareholder.
They called it a purchase of future receivables. We called it a loan. Plus why change needs cash, and why every stakeholder needs price discovery before they will buy into a plan.
Our October 2026 newsletter is here.
Two loans going to market, what happens to a man who asks for everything, and a side project that went further than I expected. The Inner Circle meets tomorrow.
