in the last few weeks...one is a restructuring expert and the other is incharge of a Family Investment Office...I am thinking the restructuring expert is going ro help navigate the legal waters right now while the head of the family office is going ro inject liquid into Celsius for a big piece of the company moving forward...it seems logical to me...but what do you think???
Article explaining why company changes boards of directors right before or after filing of the bankruptcy https://corpgov.law.harvard.edu/2022/02/14/the-rise-of-bankruptcy-directors/
Didn't we have couple of them last week who got replaced ?
Yes...these were the two major ones
It's only something most people found out about today. It's a new development.
It’s an abstract on what has happened in the past. Any company I have consulted for that claims “distress” does this. A new board, new protocol, and relaunch of product is in the air. New leadership is a part of that. Hopeful Celsius remains true to their press release. If BK was the end game, they would not do all these things.
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