Evaluating A Borrower’s Corporate Governance Enhances Credit Risk
Even if many lenders skip it, taking the time to review the makeup and function of a borrower’s corporate board of directors can be an invaluable tool for managing credit risk.
Even if many lenders skip it, taking the time to review the makeup and function of a borrower’s corporate board of directors can be an invaluable tool for managing credit risk.
Lending in 2022 presents a new host of challenges for financing providers of all types. Inez M. Markovich and Howard Brod Brownstein break down how lenders and borrowers will need to adjust their expectations and requirements.
The COVID-19 pandemic has caused a great deal of financial stress for borrowers, which means loan modifications and forbearance agreements have become necessities. Inez M. Markovich of McCarter & English and Howard Brod Brownstein of The Brownstein Corporation outline what lenders and borrowers should expect.
Brownstein Corporation CEO Howard Brod Brownstein has been named a Fellow of the American Bar Foundation.
A strong, independent board of directors can help keep a company on the right financial track. Howard Brod Brownstein, who sits on several corporate boards himself, urges lenders to take a hard look at a borrower’s board of directors before extending a loan or agreeing to forbearance. Brownstein makes a case for lenders to insist on corporate governance before handing over the cash.
After the 2016 election, Howard Brod Brownstein shared his observations of the challenges facing the turnaround industry. A year later, after the passage of new tax reforms and with the threat of tariffs and new world conflicts, he looks into his crystal ball once more to see what the future holds for the restructuring industry.
Economic uncertainty has traditionally been good for turnaround professionals. But the game has changed, and unregulated lenders can call a different tune. Howard Brod Brownstein looks into his crystal ball and predicts a mixed bag for turnaround pros under the new administration.
Turnaround professional and ABF Journal contributing editor Howard Brod Brownstein joined the board of directors of NJS, a provider of community-based education.
Traditionally, lenders and turnaround professionals have worked in tandem to assure a positive outcome for the lender and the borrower. But since the onset of the Great Recession, that relationship has undergone many changes. Veteran turnaround professional and ABF Journal Contributing Editor Howard Brownstein shares some observations on this changing relationship.
Howard Brod Brownstein has been named to the A.M. Castle board of directors to fill a vacancy created by the resignation of board member Allan J. Young.