![]() | Rob Chadwick quoted in "It's now a lender's market", National Post |
November-7-2008
Lawyer | Robert Chadwick |
Area | Corporate Restructuring |
Details
Excerpt from "It's now a lender's market", by Karen Mazurkewich:
Robert Chadwick: "Now people are looking at [these deals] and saying to themselves, ‘If I put in this loan to this company, even if it's a good company, how will I get paid two or three years from now?' Lenders are looking more carefully at the exit strategy. Companies that don't have liquidity and have their debt coming due in the near term are facing challenging times.