The Journal of Corporate Renewal
August 2008
Restructuring Options: The Forbearance Agreement
A properly drafted forbearance agreement is an important and strategic tool for a creditor to assist in getting a borrower to cure defaults and return to a normal lending relationship.
How to Succeed at Chapter 11 Without Really Reorganizing
Not every business is right for Chapter 11 liquidation, and not every Chapter 11 liquidation is successful.
Prepacks on the Rise in Chapter 11 Bankruptcies
Prenegotiated Plans Can Accelerate Reorganizations
A prepackaged Chapter 11 plan can be an efficient means for a debtor to reorganize its business.
Receiverships May Be Good Alternative to Bankruptcy
A Non-Legal Perspective on the Benefits, Risks
Receiverships present the opportunity to achieve many of the ends that are accomplished through a bankruptcy at less cost.
CRO’s People Skills Are One Key to Success
The CRO must work with the internal team as he or she found it to determine who can and cannot perform, and who might perform better under different circumstances.
Shareholders Retain Significant Rights in Bankruptcy
The Fight for Control of U.S. Energy Systems, Inc.
Shareholders may use their corporate governance rights to gain leverage in negotiations involving their rights.
The Science of Operational Restructuring
A structured process allows the turnaround specialist to drill down quickly and determine the various underlying problems.