Feb 262012
 

Some of you know I am the CIO of a company that went into and out of chapter 11 restructuring in 53 days, completing with the sale of our company to a stalking horse private equity firm. I started with the company about seven weeks before our chapter 11 filing. What all of that means (for the sake of this story) is: My first four weeks were heavily influenced by taking out costs and conserving cash The next three weeks involved “discovery” and other processes leading to bankruptcy We spent 53 days [read more…]