Pressures Continue to Grow in the Ag, Logistics Industries
The issue of the Journal of Corporate Renewal that focuses on retail insolvencies is typically an easy assignment for a guest editor. Many professionals have touched a retail insolvency at some point in their careers and have views on the unique issues presented. This year, however, was different...
Pressures Continue to Grow in the Ag, Logistics Industries
Labor resilience in the teeth of monetary policy and COVID-19's effects on white-collar work are driving systemic changes in society. Low unemployment, a declining domestic birth rate, and contention on immigration at any level of employment are driving macro trends. As guest editor for this month’...
Pressures Continue to Grow in the Ag, Logistics Industries
During my senior year at Highland Park High School in north suburban Chicago, I worked as a floor salesman at S. Mitnick Sharper Image retail store at a local mall. Every Tuesday and Thursday afternoon, I’d subject myself to Richard Thalheimer’s (Sharper Image’s founder) droning and recorded...
Pressures Continue to Grow in the Ag, Logistics Industries
Engaged, experienced management and board members can make a world of difference when implementing a turnaround or maximizing value for stakeholders. Where directors and officers are not familiar with restructurings or lack an understanding of their roles and personal responsibilities, both the...
Pressures Continue to Grow in the Ag, Logistics Industries
I am unbelievably excited to share this issue highlighting one of my favorite topics—the supply chain—with my fellow TMA community members. Experts from around the turnaround ecosystem share with us remarkable viewpoints that are not only insightful in the current environment, but also set the...
JCR Guest Editor
The commercial real estate industry is no stranger to distress cycles. Commercial real estate deals are often highly leveraged, subjecting properties, their owners, and lenders to potential distress when the cost of capital increases, boosting the risk of loss for all stakeholders. Recent history...
Pressures Continue to Grow in the Ag, Logistics Industries
I hope you enjoy this month’s Journal of Corporate Renewal , focused on the best bank loan workouts. I have been involved in over 400 problem loan workouts with some of the top workout professionals in our industry, including workouts with several banks. As many of you know, every problem situation...
Pressures Continue to Grow in the Ag, Logistics Industries
This issue of the Journal of Corporate Renewal is focused on why being a Certified Turnaround Professional (CTP) or Certified Turnaround Analyst (CTA) can add value to your professional brand. When you earn the Certified Turnaround Professional or Certified Turnaround Analyst designation, you are...
Pressures Continue to Grow in the Ag, Logistics Industries
Before Medici Bank collapsed in 1494, Florence was a finance centre for Europe. The bank's failure stranded far-flung assets and crystallised local and foreign creditor claims. In those days, national legal systems had little concept of comity or pari passu treatment between onshore and offshore...
Pressures Continue to Grow in the Ag, Logistics Industries
This issue of the Journal of Corporate Renewal is focused on hotels and hospitality, including restaurants, none of which are newcomers to distress. The extreme headwinds of the past few years have left these businesses vulnerable, requiring the ability to remain nimble and strategic in the face of...