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Daily Archives: August 15, 2019

restaurant turnaround consultant

Choosing a Court-Appointed Receiver or Restaurant Turnaround Consultant

Experts in Hotels and Restaurants BlogBy PGAuthorAugust 15, 2019

When your restaurant or bar goes into default, the court may appoint a receiver to help protect the value of the establishment. This provides a neutral third party without an emotional stake in the restaurant to help protect revenue and cut expenses. While this process protects the lenders, the receiver may also be able to…

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