Issues Archives - Page 94 of 108

Advisory Committee on Bankruptcy Rules Recommends Sweeping Revisions to Bankruptcy Rule 2019

A New York bankruptcy court ruled that an unofficial, or “ad hoc,” committee consisting of hedge funds and other distressed investment entities holding Northwest stock and claims was obligated under a formerly obscure provision in the Federal Rules of Bankruptcy Procedure — Rule 2019 — to disclose the details of its members’ trading positions, including the acquisition prices.

October 1, 2010 Rules Committee Rita Garwood

FinalCut: CIT Second-Quarter Profit Dwarfs Analysts’ Estimates

ABF Journal illustrator, Jerry Gonzalez’ visual interpretation of a top-ranked abfjournal.com news story according to our visitors.

September 2010

September 2010 Issue
Vol. 8, No. 6
Turnaround Management Issue

September 1, 2010 ABF Journal

Fed Survey Shows Easing of Standards, Terms on C&I Loans

The Federal Reserve’s latest opinion survey on bank lending practices revealed, on net, that large U.S. banks have eased standards and most terms on C&I loans and credit lines to borrowers of all sizes. The survey notes “more aggressive competition” as the primary reason for the shift.

September 1, 2010 Federal Reserve Board | loans Rita Garwood

Turnaround Management Association: Strong, Vital and ‘In Tune’ With the Industry It Serves

With more than 9,600 members and counting, a growing international constituency and a myriad of educational and networking initiatives in various stages of development and implementation, the Turnaround Management Association finds itself expanding on every conceivable front. And at the tender age of 22, the association does whatever it takes to keep tuned to the ever-evolving needs of its members.

September 1, 2010 TMA Rita Garwood

A Room With a View – The Sky’s the Limit for LBC Credit Partners

High atop the Cira Centre in downtown Philadelphia, big things are afoot. Though it doesn’t happen that often, today, the entire team that makes up middle-market lending house LBC Credit Partners is in the office; and there is the feeling of something electric in the air. ABF Journal decided to pay the company a visit to find out why.

September 1, 2010 Credit Partners | LBC Rita Garwood

The Inflection Point: Financing a Turnaround

Asset-based lending and leveraged financing have reappeared in a way that was unimaginable a year ago. Suddenly in Q4/09, it was as though a switch was thrown. Trimingham directors Hugh Larratt-Smith and Joseph Vuckovich speak to several lenders on what makes for financing a successful turnaround.

September 1, 2010 Andrew Carnegie | Henry Clay Frick | Mellon Bank Rita Garwood

No Crying Over Spilt Milk: Strategies for Lending in the Dairy Industry

Lenders in the dairy industry are accustomed to volatility. As long as the volatility in inputs and outputs was moving in tandem, lenders could expect their borrowers to achieve some minimal “guaranteed” margins and debt service remained possible. However, that changed beginning in 2007…

September 1, 2010 dairy farmers Rita Garwood

In Sticky Situations — Specialty Lenders Rise to the Occasion

On April 20, 2010, BP’s Deepwater Horizon drilling rig exploded and with it a sea-floor oil gusher began an almost three-month leak into the sea. The leak was capped on July 15, but not before spewing more than 4 million barrels of crude oil into the Gulf of Mexico. In the continuing aftermath, several factoring companies have reported assisting those that have aided in the cleanup resulting from the spill.

September 1, 2010 Gulf Coast | oil spill | United Capital Rita Garwood

Machinery & Equipment: Setting the Standard for Industrial Auctions — Déjà Vu All Over Again

Many of the major valuation and appraisal firms in the U. S. have their origins in the auction business of industrial assets and/or retail going-out-of-business liquidations. With the advent of the Internet, advances in fiber optics and telecommunications, computer technology and a growing global economy have fueled innovation in the way industrial assets are marketed and sold today.

September 1, 2010 construction equipment Rita Garwood

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