A Los Angeles Based
Legal Practice Focused Exclusively
on Commercial, Municipal, and
International Insolvency Matters
 
 



Cash Shortage
 
Left unattended, what were initially perceived as manageable operating losses or other problems can cascade into chronic shortages of cash.  This can cause a business or public entity to struggle in meeting payroll, debt, or other basic operating obligations.

To survive, management must immediately and effectively communicate with employees, creditors, and other interested parties – and be prepared to negotiate or to accept an objective, realistic plan for quickly resolving the cash shortage.

When a client must resolve a cash shortage, South Bay Law Firm can provide immediate advice based on an in-depth understanding of cash shortages and the legal backdrop against which restructuring negotiations typically occur.