Albert Yau, Secondprint Productions, LLC. | https://www.secondprintproductions.com
How did you gravitate toward turnaround and restructuring work? Allen: While at the University of Michigan Law School, I worked as a research assistant for Professor James J. White, a renowned expert on the UCC. I had taken his notoriously tough negotiation class, but I found myself working on a...
Cash is King Credibility is the Crown When Dealing With Banks
In the last 20 years, turnaround professionals have assisted thousands of clients who were predominantly referred by stakeholders within the company who have money to lose. These stakeholders—such as shareholders, subordinated debt holders, or primary lenders—typically advise management to seek the...
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...

The 60-minute conversation focuses on the Federal WARN Act requirements and employment law (min-WARN Act) provisions. The expert panel will provided a general overview of employers’ obligations and an in-depth look at employees’ rights, including claims related to termination. In addition, the...

TMA Chicago/Midwest: What You Need to Know about Working Capital in a Turnaround

Field examiners play a crucial role in a workout by analyzing a company’s working capital to identify collateral shortfalls. During these unprecedented times, the need for early detection and intervention is crucial. While field examiners' primary focus is evaluating the collateral base, they...

TMA Southern Ohio/Northern Kentucky: Preserving Cash: How to Generate and Analyze a 13-Week Cash Flow Model

There isn't much that you can control in these uncertain times. But you can take important steps to protect your company from financial destruction due to current business conditions. Cash is king, particularly during times of economic distress. But having cash in the bank does not mean that a...

UCC Article 9: Extracting Business Value from Distress

As a streamlined alternative to bankruptcy or ABCs, a strategic UCC Article 9 short-sale of business assets can resolve and relaunch a business operation, predictably and efficiently, requiring only the consent of the senior creditor and defaulting borrower. Through a senior lender’s Article 9...

Chief Restructuring Officers: How They Turn it Around

In this webinar, speakers discuss the role and importance of Chief Restructuring Officers. 

Watching this video confers 1.2 CEU credits for CTAs and CTPs. Complete the ...

Australia's Post-Pandemic Pursuit of Enterprise Rescue and Reform
Australia’s federal government has instigated the first major legislative review of its corporate insolvency and restructuring regimes in more than 30 years. This review comes after decades of only piecemeal amendments, resulting in one of the most complex insolvency legislative regimes in the...
China’s Property Crisis May Be at a Turning Point, But Hurdles to Recovery Remain
More than 18 months since the debt crisis of China’s property sector started unravelling, its lingering effects remain in the spotlight and continue to be the main focus of the debt restructuring community in this part of the world. At least 50 Chinese developers have defaulted since 2021 on an...