To Salvage or Liquidate?

T. H. Donaldson

Chapter 6 in How to Handle Problem Loans, 1986, pp 75-89 from Palgrave Macmillan

Abstract: Abstract The first part of this book discussed how monitoring can help a bank to avoid problem loans or reduce their impact. The rest of the book discusses cases where these attempts have failed. Hereafter, the book assumes that a borrower is clearly under threat of insolvency, in the case of a company, or debt restructuring in the case of a country. This chapter talks only about companies; the remaining chapters in this part mainly discuss companies, although some comments also apply to countries.

Keywords: Cash Flow; Trade Creditor; Core Business; Insolvency Process; Saleable Asset (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07740-3_6

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DOI: 10.1007/978-1-349-07740-3_6

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