2021 Turnaround Management Directory

ABF Journal expanded and updated its turnaround management directory, highlighting some of the top firms in the industry.

June 17, 2021 Arch + Beam | B. Riley Financial | BDO USA | Carl Marks Advisors | CROLEY MARTELL & ASSOCIATES | EisnerAmper LLP | MelCap Partners | Newpoint Advisors Corporation | O'Keefe | Phoenix Management Services | RCS Real Estate Advisors | RJ REUTER BUSINESS CONSULTING | Sherwood Partners | The Brownstein Corporation | WILLOW OAK ADVISORY GROUP Ian Koplin

How to Spot The Early Warning Signs of a Troubled Company in a Turbulent Economy

Identifying long-term business problems is difficult to do during times of economic upheaval. Keith Chulumovich of O’Keefe outlines which factors to evaluate and the trends to keep an eye on when determining how dire a company’s situation really is.

June 17, 2021 Keith Chulumovich | O'Keefe Ian Koplin

TMA Aims to Improve the Turnaround Industry’s Relationship with De&I

The turnaround management industry, like most industries, has not always been particularly inclusive, but the industry’s inherent problem-solving roots make it one positioned to make significant improvements in diversity, equity and inclusion. To that end, the Turnaround Management Association is building off the initiatives at the chapter level to make DE&I a global focus.

June 11, 2021 Phil Neuffer

Navigating Struggling Healthcare Facilities Back to Solvency

Healthcare facilities have faced an incredible amount of undue stress during the COVID-19 pandemic, creating a sea of challenges for all stakeholders. Michael Sandnes provides some important considerations and strategies for financially distressed healthcare organizations.

May 12, 2021 bankruptcy | Healthcare | Michael Sandnes | Turnaround Management Phil Neuffer

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