Alternatives to Bankruptcy for Companies Facing Insolvency During COVID-19
By Eric Hall
The current Covid-19 crisis has tested the financial solvency of many companies. Chapter 11 bankruptcy may be the last resort (or next to last resort) for an orderly reorganization of a company’s debt before an outright liquidation in Chapter 7. Both kinds of filings are expensive and procedure-bound. Bankruptcy attorneys,…Read More
Read MoreBalancing Fear & Hope: Financial Forecasting in Uncertain Times
By John Supan
Today’s COVID-19 pandemic and its associated job losses are only some of the worrisome issues facing us in 2020. Other current societal challenges include racial injustice, health care system inadequacies and the ever-present effects of climate change. The impact of all of these occurring simultaneously only add to the uncertainties…Read More
Read MoreEmerging Trends in CFO Hiring: 2020 Update
By Laureen DeBuono
At FLG Partners, we have been blessed with a robust late Spring 2020 in terms of the firm’s performance. Our partner utilization rate is at the highest in our firm’s history. As FLG’s new Managing Partner, I believe the reason for this is that our partners, each of whom have…Read More
Read MoreWhy CFOs Are Good Decisionmakers When Faced with Less Time and Limited Data
By Jim Mackaness
A sudden turn of events from a business standpoint, regardless of the cause, requires strategic, timely, and well-crafted decision making by the management team. Delaying necessary but painful changes can be costly over both the short term and the longer term. But business teams must be careful to avoid making…Read More
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