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"I've been doing this for 14 years," said Stewart Cohen, a partner in the Ozer Group, a liquidation and restructuring firm based in Needham, Mass., "and there is nothing like what we have experienced in the last 30 days in terms of the number of stores and the billions of inventory up for liquidation".
That leaves liquidation or restructuring as the main options.
Thailand's Financial Restructuring Authority (FRA) is loosely modeled on the U.S. Resolution Trust Corp.., which supervised the liquidation and restructuring of bad loans during America's savings-and- loan debacle of the 1980s.
If Andersen is convicted, Mr. Marsal's job is likely to shift from restructuring to liquidation.
Had GM and Chrysler headed to bankruptcy court without restructuring capital, the judge would have been compelled to start ordering the liquidation of the assets to pay the debt-holders.
Restructuring looms.
Restructuring brings higher unemployment".
Gives his plans for restructuring.
All three are desperately restructuring.
Restructuring higher education is torturous.
Video: Ford Accelerates Restructuring.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com