Turnaround Management Archives

Time is Running Out for Lenders to Protect Against Defaults on Non-Performing Loans

With COVID-19 causing a drastic decline in revenues for many businesses, lenders have made a number of accommodations for non-performing loans, particularly through short-term deferrals. However, as the pandemic rages on, Bill Lawrence explains why lenders need to be proactive to avoid risk.

Evaluating Working Capital in the ‘New Normal’ of the COVID-19 ABL World

As the COVID-19 pandemic ramps back up through the end of 2020 and the beginning of 2021, a tentative ‘new normal’ has set in for borrowers and lenders alike. Juanita Schwartzkopf explains how asset-based lenders should adjust their evaluation processes for working capital in this environment.

January 21, 2021 COVID-19 | Focus Management Group | Juanita Schwartzkopf | working capital Grace Garwood

From Bad to Worse: Examining the Continuing Struggles of the Energy Industry

The energy industry was in rough shape when 2020 started and the COVID-19 pandemic has only created more difficult terrain. In a Q&A with ABF Journal, Craig Jones, senior director of the energy practice at Alvarez & Marsal, shared his perspective from more than 20 years in the energy industry on the obstacles energy companies are currently facing and how turnaround professionals can address them.

December 18, 2020 Alvarez & Marsal | Craig Jones Grace Garwood

New Levels of Uncertainty: Reflections on a COVID-19 Capital Raise

Finding the right partner to raise capital for a refinancing always has its challenges, but in the midst of COVID-19, those challenges have become more numerous and severe. Bayard Hollingsworth of Phoenix Management Services explains some of the considerations lenders and borrowers must focus on in this environment by looking back at a successful transaction made during the pandemic.

November 16, 2020 Bayard Hollingsworth | Phoenix Management Services Grace Garwood

May/June

May/June 2020
Turnaround Management
Vol. 18 No. 3

June 24, 2020 Turnaround Management Phil Neuffer

Veteran Recognition: Lane is a Turnaround All-Star for Willow Tree Consulting Group

Carl Lane wasn’t always in turnaround management, but he has become one of the top professionals in the field during the course of his career. With a focus on winning early and establishing relationships, Lane is set to lead Willow Tree Consulting Group and its clients through challenges in the present and future.

June 24, 2020 Carl Lane | Willow Tree Consulting Group Phil Neuffer

Self Disruption: Switching From an ABL Model to a Real Estate Model

By taking a new direction and consolidating its asset-class focus, Briar Capital transformed itself and found greater success than it ever had as a pure asset-based lender. The firm’s president, Jeff Van Sickle, describes the process of converting the company into a real estate financier for ABL borrowers and shares lessons learned along the way.

June 24, 2020 Briar Capital | Jeff Van Sickle Phil Neuffer

The Operating Cycle: Lame Lending School Concept or Key Performance Indicator?

Juanita Schwartzkopf of Focus Management Group argues that the operating cycle is more than just a simple calculation and walks through a real-world example to illustrate its importance for forecasting and managing working capital.

June 24, 2020 Focus Management Group | Juanita Schwartzkopf Phil Neuffer

Lenders Should Prepare Now for the Distressed-Debt Aftershock of COVID-19

The disruptions caused by the coronavirus (COVID-19) have been far-reaching and will continue to affect all industries in the months to come. These effects are only exacerbating what were already weekening corporate foundations. Michael Fielding examines what lenders should anticipate and how they can deal with distressed debt situations during and after the pandemic.

April 9, 2020 coronavirus | COVID-19 | Distressed Debt | Husch Blackwell LLP | Michael Fielding Phil Neuffer

Providing Leadership in the Wake of the Coronavirus Pandemic

Brian Gleason of Phoenix Management Services details how executives must display the most important tenets of leadership to survive the economic turmoil caused by the novel coronavirus (COVID-19) pandemic.

March 25, 2020 Brian Gleason | coronavirus | Phoenix Management Services | Turnaround Management Phil Neuffer

Category: Turnaround Management