Corporations throughout the world need to understand restructurings and workouts because of increased investment in emerging markets, increasing pressures to maximise shareholder value and improve efficiency, a litigious environment, and the instability of certain industries and markets. Providing a reference for professionals who need to know how to gain insights about the key issues involving workouts and turnarounds, this book covers the benefits, perils, and pitfalls of available financing alternatives for troubled companies, while examining proven methods for determining the likelihood...