Printing company owners can teach Washington a thing or two about "selective default." All the talk about the federal government paying some debts on time while going slow on others makes headlines but isn't that just normal life in our industry? Even leading companies sometimes pay their bank loans when due but temporarily defer some debt obligations when cash is tight. I suppose Xerox, HP, Kodak and other printing industry creditors can now add the phrase "selective default" to the lexicon of equipment lease restructuring. Watch for it soon, I guarantee lenders will pick up on it.
- For More NAPL Resourcesweb: www.napl.org
- ph: (800) 642-6275
- e-mail: info@napl.org
- © 2010, NAPL. All Rights Reserved
Follow NAPL on:
« M&A is More Out in the Open; But Owners Must Avoid the "Time Waster" Label | Main | A Non-Economist Commentary on US Gov't Loss of Triple-A Credit Rating »
July 30, 2011
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e54ff3de6b8833014e8a3d32e0970d
Listed below are links to weblogs that reference "Selective Default" Makes Headlines in Washington :
Verify your Comment
Previewing your Comment
This is only a preview. Your comment has not yet been posted.
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
John Hyde
Contact John
- ph: (201) 523-6313
- e-mail: jhyde@napl.org
About John
- John Hyde is a Senior Vice President of NAPL, a not-for-profit business management association representing progressive, leading companies in the graphic communications industry. NAPL is uniquely positioned to help companies grow, improve and prosper through unparalleled member resources, industry-leading research and custom-tailored consulting services. As an entrepreneur, John has the unique ability to quickly read a client’s situation when facing a crossroads and lay out the alternative courses of action enabling faster ownership decision-making, with less risk, and with greater confidence. John’s insights are based on his nearly 20 years’ experience helping print and graphic communications companies become industry leaders. John is a trusted advisor to company owners and senior executives who are seeking to build long term shareholder value through strategic mergers and acquisitions. John’s subject matter expertise encompasses the areas of business valuation; mergers and acquisitions; sale of business; debt restructuring; financing; partnership agreements; succession planning; and turnaround management. A licensed attorney, John holds a BA from Colgate University and a JD from Tulane Law School. He joined NAPL in May 2004 when the consulting firm he founded in 1990, Rampart Associates, was acquired by NAPL. Prior to that, John practiced law in the late 1980s at two large law firms known for merger and acquisition work and bank debt restructuring.
Comments