We can market the deal after preparing the business for sale. We shall bring the opportunity to the market maintaining control of the process and the distribution of information, while motivating bidders along parallel paths on a level playing field in case of a broad or restricted auction, or even limiting it to an individual process, according to your requirements.
After noticing in a previous paper that the improved Greek legal framework for insolvencies, which still seems dysfunctional in some aspects, and the recent recapitalization of banks open opportunities to companies and entrepreneurs to restructure their businesses, we address some of the steps to undertake for either out-of-court or in-court restructuring to save long term survival of a viable business.