A father and son team of consultants draws from 25 years of turnaround management--helping financially troubled businesses achieve maximum value--to offer strategies to potential lenders, purchasers, consultants, and coaches of troubled businesses. Eighteen chapters set forth the author's conceptual approach, discuss the challenges and pitfalls that arise near the zone of insolvency, lay out the diagnostic process necessary to obtain an understanding of a financially troubled business, and offer steps to take in determining strategy and evaluating risks for turnaround. The final chapter summarizes the lessons learned by the authors from 100 completed assignments into advice on managing three types of troubled businesses. Case studies and suggestions for further reading support the text. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)