Tag Archives: Howard Brod Brownstein

Financing the Leveraged ESOP: Opportunities for Commercial Lenders Hidden in Plain Sight

Employee stock ownership plans can offer many benefits to company owners who are in the market to sell their businesses. Howard Brod Brownstein, Robert Willner and Brandon Ralph explain the ins and outs of leveraged ESOP finance and encourage lenders to identify ESOP opportunities in their existing portfolios.

Loan Modifications and Forbearance Agreements in the Age of COVID-19

The COVID-19 pandemic has caused a great deal of financial stress for borrowers, which means loan modifications and forbearance agreements have become necessities. Inez M. Markovich of McCarter & English and Howard Brod Brownstein of The Brownstein Corporation outline what lenders and borrowers should expect.

TAKING THE TEMPERATURE OF THE BOARD OF DIRECTORS: Why Lenders Should Pay More Attention to Their Borrowers’ Corporate Governance

A strong, independent board of directors can help keep a company on the right financial track. Howard Brod Brownstein, who sits on several corporate boards himself, urges lenders to take a hard look at a borrower’s board of directors before extending a loan or agreeing to forbearance. Brownstein makes a case for lenders to insist on corporate governance before handing over the cash.

After a Volatile Political Year, What’s Next for Turnaround Professionals

After the 2016 election, Howard Brod Brownstein shared his observations of the challenges facing the turnaround industry. A year later, after the passage of new tax reforms and with the threat of tariffs and new world conflicts, he looks into his crystal ball once more to see what the future holds for the restructuring industry.

Lenders and Turnaround Professionals: A Changing Relationship

Traditionally, lenders and turnaround professionals have worked in tandem to assure a positive outcome for the lender and the borrower. But since the onset of the Great Recession, that relationship has undergone many changes. Veteran turnaround professional and ABF Journal Contributing Editor Howard Brownstein shares some observations on this changing relationship.