Board Observers - spectators or participants - help or hindrance?

With increased distress in the mid-market we may well see lenders using different tools to keep a closer eye on a company’s financial performance. One of those tools is to appoint a board observer.

Filed under:
USA, Banking, Company & Commercial, Insolvency & Restructuring, Mayer Brown, Corporate governance, Board of directors
Authors:
Stuart Brinkworth
Location:
USA
Firm:
Mayer Brown