The long-term global impact of the COVID-19 pandemic will be far-reaching. It has already led to a significant drop in economic activity across the world, with certain industries, such as aviation, retail, hospitality, and tourism, being particularly affected. The Cayman Islands is home to one of...
In the wake of the novel coronavirus (COVID-19), there has been significant disruption to the global economy. With lockdowns implemented, demand for goods and services has dropped drastically, and production and provision of services have slowed. Social distancing measures and travel restrictions...
A week is often described as a long time in politics, and so also, it seems, in the restructuring market. In May, one week alone saw significant strides forward with: The judgment of Mr Justice Snowden in Virgin Active —the first contested showdown of the new Restructuring Plan, pitting the power...
From an economic perspective, Germany has weathered the pandemic quite well until now—at least if success is measured in low unemployment and insolvency figures. How that was achieved, what changes were made to the German legal restructuring framework, and what may follow after the national...
Q: How did you gravitate into turnaround and restructuring work? Bucci: It was part timing and part initiative and flexibility. I began my career at what was then the Banking & Finance Department of Brown Rudnick in September of 1999. There were almost two years of robust, front-end, healthy...
Consumer-reliant sectors in the UK, such as retail, leisure, and hospitality, have been significantly, and potentially permanently, impacted by government lockdowns and movement restrictions related to the COVID-19 pandemic, as evidenced by the range of high-profile insolvencies in the past 12...
Q: How did you gravitate into turnaround/restructuring work? Richman: I always had some familiarity with the turnaround industry. My father is an attorney, but I wasn’t necessarily interested in the turnaround and restructuring world for my career. I studied political science and psychology, and...
Strategic Relationship Building for Turnaround Careers
TMA members drive business to one another--relationship are key to your restructuring career. Join 2021 TMA Global President Matthew English, CTP (TMA Northern...
COVID-19 impacted the restructuring industry in many ways, but as they say, the show must go on. Hear from our NextGen panelists during this "Pardon the Interruption" style session on how COVID-19 has changed business...
