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.
Intangible assets (IA) can be a company’s most valuable property in insolvency. But unlike other collateral, these can include copyrights, source code, trademarks and domain names. Rapid changes in technology can lower the value of these assets before a sale is concluded. David Johnson, Joshua Pichinson and Martin Pichinson explain how to protect IA during a wind down and monetize the value before it slips away.
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.
A company’s brand is a powerful if unappreciated asset. During the intense process of turning a company around financially, little thought is given to protecting its brand. Gordon Andrew explains why brand equity matters and provides steps to protect and enhance a brand during a turnaround.
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.
As the U.S. system of restructuring and insolvency gains popularity in Australia and beyond, Carlyn Taylor, global co-leader of the Corporate Finance & Restructuring segment of FTI Consulting, provides her perspective on this growing trend in a Q&A that originally appeared in the FTI Journal.