Transfer Assets to New Company (Cold Restart-AT)
A Step in a Management Maneuver in the Mezzanine Stage of Startup Development
Shutting down the old Company is a step in the process of restarting the business. The Cold Restart With Asset Transfer involves closing down the old Company, starting a new one and is designed to boost momentum by shedding excess baggage. This maneuver is often executed by investors or lenders to the old Company that have a lien, or ownership rights, to the old Company's assets.
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