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The 7 Deadly Sins of Post-Restructured Boards

The 7 Deadly Sins of Post-Restructured Boards

When creditors take control of a debtor, they count on a newly appointed board to achieve their investment objectives, but, overwhelmingly, these boards fail to meet creditors’ expectations. Analyzing the last 20 years of work on behalf of creditors, the overwhelming majority of post-...

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