This resource-intensive guide provides the business professional, including the troubled company executive, credit manager, workout professional and investor in distressed debt or equity, with a guided tour through the intricacies of the bankruptcy process in a concise and readily understood manner. The authors—all seasoned professionals— walk the reader through the stages of a Chapter 11 proceeding while addressing the business realities and dynamics affecting the diverse and often competing constituents involved in the restructuring process. To assist the reader in navigating through this new world, the book’s forty page Glossary contains a detailed explanation of the terminology used in bankruptcy proceedings. The reader will readily become conversant with the vocabulary, rules, and sometimes arcane language of this unique process. Extensive endnotes accompany each chapter of this relatively compact book. In addition, the authors provide a real-life glimpse of the types of documents and pleadings commonly filed during the reorganization process through a series of Appendices containing sample documents. These documents are drawn from actual Chapter 11 cases and include explanatory material about what the documents are intended to accomplish. This book will be of interest to corporate executives, boards of directors, investors, creditors, bankruptcy professionals, and anyone contemplating entry into the business restructuring arena. As the authors say in the opening chapters: “Read on . . . the game is indeed afoot.”