Priya K Baranpuria

September 21, 2018 | New York Law Journal

A rising number of distressed companies are appointing independent directors or managers prior to filing for bankruptcy. While the use of independents can aid a process, they can also hinder or delay the restructuring if used improperly. The key is appointing a disinterested person who acts on the advice of appropriate professionals.

By Adam C. Rogoff and Priya K. Baranpuria

8 minute read