The giants of the restructuring world didn’t get where they are today without enduring some bumps and bruises as they learned critical lessons along the way. Be in the room where it happens and treat yourself to life lessons...
In the world that is our new normal, actual, anticipated, or deferred loan defaults are swirling around everywhere. Are best practices that were employed just months ago applicable to today? With a whirlwind of borrowers...
Show me the money, but beware that it may come at a price. Learn about the problems and pitfalls that lenders, unsecured creditors, and other parties pose in the quest to finance a turnaround. Learn more about stub rent,...
With the world in an economic chokehold and in dire need of turnaround help across most industry sectors, is the traditional Chapter 11 bankruptcy back in vogue, or will alternatives to bankruptcy give Chapters 11 and 7 a run...
Amid the changing environment brought on the COVID-19 pandemic, ongoing issues in insolvency around the globe have continued to play out in recent months. In Europe, the UK made its long-anticipated break with the European Union, while Germany and the Netherlands have each enacted into law an EU...
For decades, companies in financial distress in Europe have faced different and at times difficult local laws for restructuring in each member state of the European Union. In most member states, only insolvency regimes offering court-led proceedings have been available. Such proceedings have not...
The UK left the European Union on 31 January 2020. The transitional period, during which EU law continued to apply to the UK and the UK was, in many respects, still treated as an EU member state, ended at 11 p.m. on 31 December 2020 (IPCD). At the 11th hour, the EU and the UK agreed to terms of a...
As 2020 comes to a close, we look back on a year that started much differently than it will end. It started with a high at the 2020 DIC and in a strange twist of unexpected fate, will close on an even higher note because of TMA Innovation. Few words can express my gratitude to a leadership,...
One of my favorite pastimes at the end of the year is perusing retrospective reviews of noteworthy and historical events from the prior 12 months. Even back when I was in elementary school, I loved to review the various Top 10 lists on television and radio (the internet was not quite a thing yet)...
Since the enactment of the U.S. Bankruptcy Code in 1978, there have been myriad economic cycles that have necessitated modifications in the way lending and restructuring communities operate, but nothing like the changes required by the onset of the coronavirus pandemic. This month’s JCR touches on...
