November/December 2016
Feature Article
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New Guiding Principles for the Road Ahead
Since the Great Recession, the turnaround, restructuring, and insolvency profession/industry has experienced significant disruption and change. As its membership has adopted new business tactics and strategies, so has TMA. As an organization, we needed to identify what we would be in future and not simply rely upon what led to our successful past. As part […]
More from this Issue
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New Guiding Principles for the Road Ahead
Since the Great Recession, the turnaround, restructuring, and insolvency profession/industry has experienced significant disruption and change. As its membership has adopted new business tactics and strategies, so has TMA. As an organization, we needed to identify what we would be in future and not simply rely upon what led to our successful past. As part […] -
Milestones
Alpesh Amin, CTP, has joined Conway MacKenzie as a managing director in the firm’s Chicago office. He focuses his efforts in the restructuring practice, helping to foster client relationships and business development opportunities. With more than 16 years of experience in corporate finance, restructuring, and management consulting, Amin most recently served as a managing director […] -
Newcomers: November/December 2016
Alabama Jody Bacque, Hilco Global Arizona Kenneth D. Crone Warner A. Gabel IV, Gabel Investments Inc. Maxwell Rezende, First International Bank & Trust Jim Sherbert Tim Way Atlanta Robert E. Annas Seth A. Benefield, Bank of America Business Capital Michael Cain, NYX Health Jose Pablo Cervantes Salas, Alvarez & Marsal Leia Clement Shermohammed, U.S. Bankruptcy Court, Northern District of Georgia […] -
Health Care Services Distress Index Ends Q3 Near Record High
The Polsinelli | TrBk Healthcare Services Distress Research Index equaled its high from the previous quarter in Q3 2016 and has now reached record levels in three successive quarters. Compared to the same period one year ago, the index is up 65 points, indicating that the high level of distress in the healthcare services industry […] -
Applying Battle-Tested Leadership Principles to Corporate Renewal
TMA Connecticut Chapter President David Weinstein, CTP, said you could hear a pin drop as more than 100 attendees listened to three former senior U.S. Army officers discuss “Adaptation and Innovation” during a seminar at the New Haven Lawn Club on the Yale University campus. The event was the third in a series focusing on […] -
Timothy G. Becker, CTP: Keeping the Home Fires Burning
Timothy G. Becker, CTP, founded Lighthouse Management Group Inc. in 1993 with Jim Bartholomew, CTP. Becker has more than 20 years of executive-level financial management experience working with distressed organizations to develop and implement pragmatic solutions. His client list includes public and private companies with annual revenues up to $600 million and in industries as […] -
Retail Survival Requires Ongoing Restructuring, Revitalization
Retail executives have felt the impact of the new and more demanding business environment in recent years. The rising challenges of new competition, technology, consumer demographics, etc., have caused unsettling shifts few could have predicted as the new millennium began. Major disruptive trends have helped fuel the progress of online retailers, along with new and […] -
Integrating Data Is Key to Meeting Consumer Expectations
During the past several years, many retailers have identified a few common challenges as their most difficult to navigate. The prevalence of savvy shoppers who like to view products at stores and then turn to e-commerce and m-commerce (mobile commerce) platforms to find retailers that offer the best selection and price, coupled with the alarming […] -
Buyer Prevails in Grocery Store Sale, ‘Wins’ Complicated Retail Workout
A few years ago, two large U.S. grocery store chains merged. Parts of the combined chain were acquired by a much smaller regional grocery chain, which was declared the “winner” in the sale of locations that the combined company needed to divest to comply with a Federal Trade Commission order and allow the merger to […] -
Pendulum Swings Back Toward Lenders in Credit Bidding Disputes
Over the past several years, secured lenders have faced greater uncertainty as to whether Bankruptcy Courts will permit them to credit bid their entire secured claim in asset sales under Section 363 of the U.S. Bankruptcy Code. In the bankruptcy of Fisker Automotive Holdings Inc., an electric vehicle manufacturer, the U.S. Bankruptcy Court for the […] -
International Invasion Intensifies Competitive Pressures
U.S. retail is under stress. While it seems that this has been in the headlines more and more lately, the fact is that consistent disruption by new entrants has been the story of U.S. retail for decades, with the rise and fall of catalog showrooms, big-box retailers, department stores, and, more recently, mall-based specialty retailers. […]