GC Mid-Atlantic: Identifying Signs a Company Is in Financial Distress

General counsel play a unique role in the context of a company. They must be an employee of the company while maintaining the foresight to identify issues that the management of that company might not identify, or might not want to identify. Included in this is the ability to spot the warning signs that a company could be financially distressed and the ability to determine whether to consult with outside counsel or a restructuring specialist to assess the company's financial position.
TheLegalIntelligencer.com

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