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To Salvage or Liquidate?

In: How to Handle Problem Loans

Author

Listed:
  • T. H. Donaldson

Abstract

The first part of this book discussed how monitoring can help a bank to avoid problem loans or reduce their impact. The rest of the book discusses cases where these attempts have failed. Hereafter, the book assumes that a borrower is clearly under threat of insolvency, in the case of a company, or debt restructuring in the case of a country. This chapter talks only about companies; the remaining chapters in this part mainly discuss companies, although some comments also apply to countries.

Suggested Citation

  • T. H. Donaldson, 1986. "To Salvage or Liquidate?," Palgrave Macmillan Books, in: How to Handle Problem Loans, chapter 6, pages 75-89, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-07740-3_6
    DOI: 10.1007/978-1-349-07740-3_6
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