Developing a Game Plan for Healthcare Organizations Entering Chapter 11

As COVID-19 continues to cause incredible stress on healthcare organizations, Michael Sandnes of EisnerAmper explains how CEOs must create a solid game plan and demonstrate flexibility both during and after a Chapter 11 filing.

January 20, 2021 Chapter 11 bankruptcy | EisnerAmper | Healthcare | Michael Sandnes | Turnaround Management Phil Neuffer

Oil & Gas Bankruptcies, Restructurings & Mergers Likely to Continue in 2021

In a Q&A for ABF Journal, Gary Pittman outlined the factors that have contributed to a downturn in the oil and gas industry in 2020, how the current environment differs from previous downturns and how the industry will fare into the next year, specifically when it comes to bankruptcy, restructuring and M&A activity.

December 9, 2020 Gary Pittman | Oil & Gas | Opportune LLP Phil Neuffer

How Companies are Cutting Costs During the COVID-19 Pandemic

COVID-19 has transformed how many companies do business. Michael Gaul takes a look at how some companies are cutting costs, especially those struggling to survive in an economy damaged by the pandemic.

November 20, 2020 Phil Neuffer

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.

July 27, 2020 Bayard Hollingsworth | Phoenix Management Services 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

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

Read the Fine Print: May Jobs Report Paints Inaccurate Picture of Unemployment Rate

The May jobs report from the Bureau of Labor Statistics was surprisingly strong judging from the headline numbers. As Michael Eisenband of FTI Consulting explains, a more thorough reading of the report shows that the unemployment rate was not entirely accurate. He points out the discrepancies and explains how this “economic happy talk” could lead to painful results in the long-term.

June 15, 2020 FTI Consulting | Michael Eisenband | unemployment Phil Neuffer

LIBOR Transition: A Priority Even During the COVID-19 Pandemic

The COVID-19 pandemic has brought the economy to a grinding halt, but the LIBOR transition timeline has not been affected. Colleen Hsia and Zaman Toleafoa of FTI Consulting explain how companies must use effective communication and other strategies to make sure they are still preparing adequately.

May 15, 2020 Colleen Hsia | COVID-19 | LIBOR | Zaman Toleafoa Phil Neuffer

The Other Side: Considerations for the Post-Pandemic Economy

Regardless of when the economy reopens, businesses need to contend with a slew of factors to ensure they succeed on the other side of the COVID-19 pandemic. Jim Bowie, William H. Henrich and Frederick Langer of Getzler Henrich and Associates go through some of the most important elements to consider, including demand, inventory and the supply chain.

May 11, 2020 Phil Neuffer

The 13-Week Cash Flow: An Important COVID-19 Business Survival Tool

Getting a handle on the 13-week cash flow of a business can provide the short-term information necessary to weather distressed situations. For companies feeling the continued disruption of the COVID-19 pandemic, Luke D. Snyder of CBIZ MHM gives detailed instructions on how to effectively implement such a cash flow.

April 14, 2020 CBIZ MHM | Luke D. Snyder Phil Neuffer