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.