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It's that time of year again. Firm leadership is simultaneously focused on minding this year's financial performance while looking ahead to gauge prospects for 2018. Initial budget planning is underway, alongside efforts to establish goals and objectives for the next 12 months.
Among the common mandates for 2018 are the now-familiar refrains of “top-line growth,” “profitable growth” and “innovation.” Firm objectives have shifted, yet approaches to annual planning show little signs of change.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.