The Distressed Cannabis Business: An Alternative to Bankruptcy

Bankruptcy is Not an Option

Bankruptcy can be a very helpful tool for a distressed business. Bankruptcy allows a business to stop collection actions, discharge certain debts, cancel unfavorable contracts, and provides breathing room to restructure the business.

Filed under:
Canada, Healthcare & Life Sciences, Insolvency & Restructuring, Product Regulation & Liability, White Collar Crime, Ocean Tomo, a part of J.S. Held, Due diligence, Anti-money laundering, Suspicious activity reporting, Receivership, Financial Crimes Enforcement Network (USA)
Authors:
Paula Durham , Scott Evans
Location:
Canada
Firm:
Ocean Tomo, a part of J.S. Held