GMFP Food and Products. managing financial distress / B :

GMFP Food and Products, a partnership firm that manufactures milk and milk products, has defaulted on repayment of dues against its secured debt. After a failed negotiation to subcontract its facility, the directing manager intends to submit a proposal to restructure the secured debt to its principa...

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Bibliographic Details
Main Author: Mishra, Sanjay Kumar (Author)
Format: eBook
Language:English
Published: London : SAGE Publications: SAGE Business Cases Originals, 2023.
Series:SAGE business cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:GMFP Food and Products, a partnership firm that manufactures milk and milk products, has defaulted on repayment of dues against its secured debt. After a failed negotiation to subcontract its facility, the directing manager intends to submit a proposal to restructure the secured debt to its principal creditors. His proposal will only be considered by the financial creditors if he can establish financial viability and offer a reasonable certainty of repayment.
Physical Description:1 online resource.
ISBN:9781529619270
1529619270