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On the Leading Edge: Restructuring Goals Lead the Process

In the first installment of a new 10-part interview series highlighting the voices shaping the restructuring industry, TMA member Sari Placona joins TMA Global President Brian Gleason to discuss how to navigate distressed-company solutions and why practical, goal-oriented problem-solving must lead the process.

ABF Journal is excited to share the first installment of the Turnaround Management Association’s 10-part interview series produced for TMA by Second Wind Consultants and Rise Alliance, highlighting the people and perspectives shaping the turnaround and restructuring industry.

This first episode, TMA Leading Edge Series: Sari Placona: The Goal Leads the Process, features a discussion between TMA Global President Brian Gleason, CTP, J. S. Held and TMA member Sari Placona, McManimon, Scotland & Baumann LLC.

In this interview, Placona discusses the range of solutions available to distressed companies — from Chapter 11 restructurings to out-of-court alternatives — and emphasizes the importance of starting with a client’s goals to determine the best path forward. She also highlights the growing cost pressures businesses face, the need for practical and creative problem-solving and the increasing role of alternative processes when traditional bankruptcy may not be feasible. This conversation marks the first installment in a 10-part interview series sponsored by Second Wind Consultants / Rise Alliance, highlighting the people and perspectives shaping the turnaround and restructuring industry.

Stay tuned for upcoming episodes in this series, where we’ll continue to spotlight the voices and impact of TMA members.

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