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By Hugh Larratt-Smith & Rick Hyman

Distressed companies often seem like a tale of two cities. On the one hand, there are those with good profit and loss (P&L) statements but bad balance sheets. On the other, there are companies with good balance sheets but bad P&Ls...

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By Robert B. Kaplan

Most lenders would prefer to avoid litigation in connection with foreclosing on income-producing property. Sometimes, however, it is the best approach when dealing with a litigious borrower and a troubled income-producing property that...