5 Potential Results Due to Lack of Financing Companies in Crisis

Posted on 06 October 2008

Financial institutions are being swallowed by the economic tidal wave. As they try to exit bankruptcy or find reorganizations, the lack of financing to assist them may lead to these five things, as researched by the National Law Journal:

1. Sudden, prenegotiated mergers or buyouts, similar to Lehman Brothers’ fate.

2. Increased asset liquidation, rather than traditional reorganizations.

3. Significant international costs related to layoffs of overseas employees, based on foreign severance protections.

4. As firms merge and restructure, a loss of in-house counsel jobs.

5. Significant changes in executive retention packages to reflect attitudes against large bonuses.

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This post was written by:

Whitney Doheny - who has written 186 posts on Legal Research Center.


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3 Comments For This Post

  1. Farney1 says:

    Result #6: You die broke & destitute.

  2. Micaelo says:

    Result 6: You move into your parents basement.

  3. Marty says:

    Result 6: I’m forced to return to my job as a high priced prostitute.

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