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...
How did you gravitate into turnaround and restructuring work? Aiello: Before I became I lawyer, I worked for a Big Four accounting firm, and I developed a financial services background from that. I did a lot of corporate investigations and fraud investigations, anti-money laundering reviews, anti-...
Peter Drucker famously stated, “Culture eats strategy for breakfast.” Strategies are like sand slipping between a CEO’s fingers in the economic roller coaster of 2020, where a pandemic, massive government stimulus, upheaval of work and home life, and restrictions on travel have changed how business...
The COVID-19 pandemic has brought about dramatic economic and social change in the world, most particularly in human behavior, due largely to concerns about the threat to human health. The restructuring community has been no less affected, and U.S. Bankruptcy Courts have not escaped the wave of...
Rent has presented a complicated puzzle during the pandemic for numerous landlords and tenants, and the solutions—inside and outside of Chapter 11—have been unconventional. As foot traffic evaporated due to restrictions prompted by health and safety regulations, and revenue fell precipitously as...
While dealing with the personal and medical issues associated with the COVID-19 pandemic, few fully appreciated the global economic impact the health crisis would cause or what the “quick” solution would be to put the world economy back on sound footing. While the medical community dealt with the...
The road paved by COVID-19 appears to be a long and winding one for turnaround professionals. Unlike other recessions, where life eventually returns to the way things used to be, the pandemic recession will lead to significant changes in individual and societal behavior that remain long after it’s...
In this presentation, Bob Prosen will share some of the exact tools and tactics he uses with his top clients to consistently out-execute the competition and achieve record profits. He will teach you how to create a Profit Producing Culture that rewards...
Transfer pricing can be a useful tool and source of information for turnaround and restructuring professionals. Although the practice of transfer pricing is most closely associated with tax planning and compliance, restructuring professionals stand to benefit from using the wealth of information...
In this special edition of TMA Town Hall, we demonstrate key features of the IMPACT 2020 event platform so you can get ready for all the TMA Annual Experience has to offer! Watch the recording in its entirety or use the bookmarks to navigate to the information you need.