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Disclosures

Transparency Is Key: The Importance of Disclosure in Bankruptcy

Firms targeting fellow restructuring professionals’ disinterestedness to gain leverage Transparency and disclosure are pillars of the bankruptcy system. Companies going through chapter 11, as debtors, are required to publicly report information they would rather keep private. So are the professionals (lawyers, financial advisors, accountants, etc.) that are retained by court order and payed from the […]


Beneath the Surface: Finding Truth in Debtor’s Balance Sheets

Editor’s Note: If you are interested in this topic, we would also like to recommend this Finance and Accounting webinar. A balance sheet provides a snapshot of a company’s financial condition as of a specific date by presenting three components: assets, liabilities, and equity.[i]  While a balance sheet may help its user to evaluate a […]


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