Insolvency lawyers discuss how this recession is different:
Aubrey Kauffman of Fasken Martineau Dumoulin in Toronto observes that “the key departure from previous downturns is that potential purchasers don’t have access to financing to buy businesses in distress — even if these businesses are fundamentally sound.” [...]
“Other downturns have been more focused,” Mr. Kauffman says. “We’ve [...]
This blog is dedicated to the principle that “hunkering down” – slashing expenses and deferring new initiatives – is an insufficient response to a long and deep recession. Facing the worst economic crisis since the Great Depression, we’re in a period of Darwinian proportions that strongly favors those who can adapt most quickly and successfully.
I [...]
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