This issue of the JCR focuses on the restructuring of Puerto Rico. Like the island’s history, the restructuring efforts involving this commonwealth were, in a word, “complicated.” Puerto Rico has a long, rich, and proud history and cultural identity. Before Christopher Columbus set foot on the...
A few years ago, a prominent Puerto Rican lawyer was musing over who was responsible for Puerto Rico’s financial woes. “It was no one’s fault, but everyone’s to blame,” he remarked. The comment is simple yet powerful, as it captures Puerto Rico’s complex finances, tenuous political standing, and...
Q: How did you gravitate into turnaround and restructuring work? Charleston: Like most turnaround consultants and crisis managers, I stumbled into it by accident. After grad school, I had joined Ernst & Young in the financial consulting group. At the time, it was called the Special Services...
On February 1, 2022, amended local rules for the U.S. Bankruptcy Court for the District of Delaware went into effect. Among other things, the Bankruptcy Court’s revised local rules clarify the scope of mediation confidentiality protections. The amended local rules are likely to be seen as welcome...
In this session, our experts explore the impact of global, political, and economic events as well as the impact of international developments in key regions on the distressed investing and restructuring industry. Don’t miss a lively...
Were the recent challenges in the Texas electricity market a sign of what’s to come in other parts of the United States? Watch this discussion on disruption due to climate change and how climate change and our aging infrastructure combine...
Q: How did you gravitate into turnaround/restructuring work? Montgomery: Honestly, I sort of fell into turnaround and restructuring 20-some-odd years ago coming out of undergrad. At the time, I wasn’t entirely sure that I really knew what restructuring was all about, but it was the idea of getting...
The Texas two-step is an iconic dance. Many readers may have memories of learning the dance steps in elementary school gym classes as training for future jaunts to legendary Texas venues like Gruene Hall or Billy Bob’s. These days, a Texas two-step of sorts is the talk of the restructuring world,...
More than 500 healthcare companies have operations in Nashville, including more than a dozen publicly traded companies. The healthcare industry was already facing massive distress prior to COVID-19. Learn what’s happening in healthcare and where the work is. As...
