Positioned International Software Company for licensing of certain assets to Fortune 500 computer firm while managing company's prior obligation to debenture holders, common stock investors and preferred position investment groups. Upon Chapter 11 filing of Fortune 500 computer firm (Memorex-Telex Corporation), directed necessary steps to liquidate company through Chapter 7 bankruptcy filing.
Produced monthly statments, P&L; managed company's trade debt obligations; counseled Board of Directors, CEO regarding liabilities during company downturn; worked directly with legal counsel during Chapter 7 filing, leaving no financial consequences to Board members or other Principles. |
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