SFGH partner Jonathan P. Friedland quoted in BloombergQuint
Sugar Felsenthal Grais & Helsinger partner Jonathan Friedland is quoted in the article "Is Your Company Failing? You May Not Need Bankruptcy Law," published in BloombergQuint. Jonathan comments on how an Article 9 sale may be “the quickest, cheapest, and easiest” tool to resolve a company whose assets are worth far less than its debts. The article is available HERE.
As constituents are often better served when bankruptcy can be avoided, Jonathan commonly uses alternatives to bankruptcy, including Article 9 and assignments for the benefit of creditors, to achieve his clients’ goals. He is also the lead author of Strategic Alternatives For and Against Distressed Businesses published by Thomson West, and dubbed as a “must-have” guide for any insolvency professional. Click HERE to learn more about Jonathan.