From Brick-and-Mortar to E-Commerce: Commercial Finance’s Evolving Role in Retail

Retail sales are moving from brick-and-mortar to the Internet. Opportunities still abound for commercial finance consultants, but Donald Barrick points out there are obstacles to be avoided in this new environment.

Fintech Meets Tradition: JPMorgan & OnDeck Team Up to Create a New Lending Product

Fintech lender OnDeck has provided $3 billion in small business loans in eight years. Now the company is developing a new online product for banking giant JPMorgan Chase. Business lending is moving into the 21st century, and other banks are also dipping a toe in the fintech water.

The Rollercoaster Effect: Will Bankruptcies Tick Up in 2016 After the 2015 Decline?

Since the reform of the Bankruptcy Code in 2005, the number of cases filed has fallen. Samuel Gerdano and Ed Flynn of the American Bankruptcy Institute look at the total picture and predict the general number of filings will continue to fall, except for Chapter 11.

RadioShack Dissected: The Decline, Fall and Possible Rebirth

For 95 years, do-it-yourselfers looked to RadioShack for parts, products and advice. Like many brick-and-mortar retailers, RadioShack has suffered from changes in customer behavior and retreated to Chapter 11 to restructure. Attorney Stephen Selbst provides an in-depth look at the missteps that sent
RadioShack into bankruptcy.

The Ten Commandments of Chapter 11: Thou Shalt Invite Failure by Ignoring These Rules

Using the pages of the ABF Journal in place of two tablets of stone, Attorney Rocco Debitetto hands down the Ten Commandments of Chapter 11.

Distressed Unitranche Debt After RadioShack: While Instructive, No Cause For Comfort

Nutter McClennen & Fish Attorneys Philip Rosenblatt and John Loughnane examine developments in the RadioShack bankruptcy case concerning agreements among lenders that form the basis of unitranche transactions. While the RadioShack case is interesting and instructive, they argue that it should not provide any false sense of comfort to lenders.

Feasibility in Municipal Restructurings Recent Rulings from the City of Detroit

Phoenix Management Services was recently called upon to be an independent expert in evaluating the feasibility of the City of Detroit’s restructuring plan. Senior managing directors Brian Gleason and Martha E. M. Kopacz discuss feasibility in Chapter 9 cases, departures from Chapter 11 and obstacles in interpretation prior to the City of Detroit bankruptcy.

Gift Card Redemption in Liquidation: Weighing Potential Benefits to Creditors

Whether or not to accept gift cards during a liquidation should be decided on a case by case basis. But the blanket refusal to redeem gift cards during GOB sales is becoming more a thing of the past. Michael McGrail, COO of Tiger Capital Group, talks about the advantages and disadvantages of redemption to creditors. Whatever the decision, he says potential impacts to GOB sales should be factored into the overall liquidation strategy.

Lending Moxie Offering a Unique Palette of Financing Structures

With the founding of four successful finance companies under their belts, James Irwin, CEO, and Dan O’Rourke, EVP/CCO, talk about the genesis of Metis Commercial Finance and why they believe smaller middle market borrowers can benefit from a lender with a “big-ticket” product suite.

Warning Signs of Distress Revealed: Steering By Analytics Tools and Forecasting Tools

External pressures coupled with a lack of planning/forecasting can lead companies to distress. Vipul Adlakha and Kyle Richter, Deloitte Transactions and Business Analytics SVPs, discuss why analytics are vital to middle market companies, and highlight the importance of establishing strong data governance and financial planning strategies.