TY - JOUR T1 - What Every Investor Should Know about Lenders and the Turnaround Process JF - Turnaround Management SP - 73 LP - 81 VL - 2002 IS - 1 AU - William J. Hass AU - Patrick C. Lagrange Y1 - 2002/03/20 UR - http://guides.pm-research.com/content/2002/1/73.abstract N2 - 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. ER -