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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| Format: | eBook |
| Language: | English |
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London :
SAGE Publications: SAGE Business Cases Originals,
2023.
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| Series: | SAGE business cases.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| 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. |
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| Physical Description: | 1 online resource. |
| ISBN: | 9781529619270 1529619270 |