|
| Is it Safe to Sell to a DIP Customer With Approved Financing? by Wanda Borges If one is to be a total skeptic, then the answer is that it is never safe to sell to a DIP customer except on a "cash in advance" or "cash on delivery" basis. However, there are often many reasons why selling to a debtor-in-possession makes sense. The real question to be addressed, therefore, is "What are the risks of selling to a DIP customer, and does approved financing minimize those risks? Read more... |
||
| Bad Data Can Cost You Big Time by Ira Kaplan Bad data is pervasive; it infiltrates paperwork and databases. Seemingly innocuous, it derails multi-million dollar computer systems, leads to lost revenue, and erodes customer goodwill. This article examines organizational disasters with data as the leading culprit, defines data quality, illustrates the cost of bad data, and shows where improved data quality yields measurable benefits. Read more... The XBRL Revolution: Playing Tag with Powerful Information |
Failure to Object to Release Provision in a Chapter 11 Plan May Result in Losing Your Personal or Corporate Guarantee by Scott Blakeley A credit executive looking to reduce credit risk in today's uncertain economic environment may look to a credit enhancement to assist in making the sale on credit terms. A credit enhancement commonly considered by a vendor is a personal or corporate guarantee. Some of the reasons a vendor may prefer a guarantee to other enhancements (such as Article 9 security interests) include generally not needing the consent of the debtor's lender, and no notice requirements to other vendors that the debtor is buying from. Read more... 10 Things You Need to Know About Managing Returns |
|