Sometimes the simplest things make the biggest differences. Lawrence Gardner explains why the most successful turnarounds are built on strong leadership and outlines the specific aspects of leadership that must be displayed to replicate such results.
Charlie Perer explains how mounting economic stressors are setting the stage for an impending increase in work-out activity in which non-bank distressed and asset-based lending groups will look to take advantage of understaffed bank work-out groups.
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.
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.
AlixPartners promoted 12 individuals to the role of managing director, including seven members of the firm’s turnaround and restructuring services division.
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.
The fashion industry is fickle at the best of times, and combining a fashion brand with retail stores is proving a recipe for disaster. AlixPartners was called in to save BCBGMaxAzria. Thanks to a dedicated turnaround team led by Holly Etlin and a nimble professional team, the company passed through Chapter 11 and has moved on to a successful second life.
The Ranger Handbook provides a clear strategy for U.S. Rangers to follow when called into a crisis situation. Retired U.S. Army Major John Little now engages in a different type of crisis as a turnaround management specialist. But he still uses the Ranger Handbook to devise a successful strategy and points out that these methods are just as pertinent to the civilian business world as they are in the military.