What is Profest?
1.
When a distressed company and its lenders hire an unreasonable amount of professional advisors.
Guy 1: Man this is such a profest. There aren't any more conference rooms.
Guy 2: Yeah and the copier is always being used.
Guy 3: How is the company going to fund this profest?
See
1.
When a distressed company and its lenders hire an unreasonable amount of professional advisors.
Guy 1: Man this is such a profest. There aren't any more conference rooms.
Guy 2: Yeah and the copier is always being used.
Guy 3: How is the company going to fund this profest?
See
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1.
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