PT - JOURNAL ARTICLE AU - William J. Hass AU - Patrick C. Lagrange TI - What Every Investor Should Know about Lenders and the Turnaround Process DP - 2002 Mar 20 TA - Turnaround Management PG - 73--81 VI - 2002 IP - 1 4099 - http://guides.pm-research.com/content/2002/1/73.short 4100 - http://guides.pm-research.com/content/2002/1/73.full AB - Investors should put themselves in the shoes of a lender when a company is having financial trouble. Lenders will immediately review the most important loan documents—and so should the investor. Next, review the company-generated reports to understand its collateral and available courses of action. Assuming the enterprise should continue, the process of a turnaround begins. The authors lay out each stage, its objectives, and the tasks involved.