The Journal of Corporate Renewal
June 2009
Economic Turmoil and the Federal Response:
Changing Landscapes for Turnaround Pros
The turnaround industry is uniquely positioned not only to guide distressed companies through this devastating recession, but also to influence the relationship between government and business for years to come.
Legacy Assets and the Public-Private Partnership
By seeking private investors, the Treasury hopes to divide the risk of the legacy assets equally among taxpayers and the private investors.
Why This Downturn is Different
Instead of pursuing defaults aggressively to foreclosure, many lenders are choosing to work with their borrowers.
Is a Vendor Creditor Better Off With An Executory Contract?
Answer Depends on Intentions Going Forward
Businesses decide on a contractual relationship versus informal purchase orders for a variety of reasons.
Seven Tactics for Restructuring in a Turbulent Financial Market
For management teams that have pulled it off, doing a turnaround with only their own resources often marks the most satisfying period of their careers.