LibraryScenariosWhen business partners clash over transparency during bankruptcy proceedings
Scenario

When business partners clash over transparency during bankruptcy proceedings

My business partner and I are looking at Chapter 11 reorganization and we disagree about how much to tell our employees about the process, and underneath that we have completely different philosophies about transparency, leadership, and what we owe people whose livelihoods depend on us.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

A disagreement about disclosure during bankruptcy reveals fundamental differences in how two people understand leadership responsibility and the ethics of truth-telling.

Ideas that help explain it
Worth thinking about

“Where Are You with Bankruptcy — the philosophy and the process?”

If this sounds familiar, the Library can help you find the bigger picture.