1 definition by Restructor2007

Profest

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?

by Restructor2007 November 15, 2007