Chief Restructuring Officers ("CROs") use a variety of tools on a daily basis to effect the restructuring of distressed businesses. This archived webinar focuses on the application of the tools available to CROs in turning around or restructuring a business. Discussion topics will include the use of restructuring tools available under federal and state legislation, lender negotiation strategies and leverage and managing critical creditors. Panel participants illustrate these solutions through real life situations, explaining the basics of the tool available and providing an example of how the application of the tool affected the outcome of a particular engagement.
Chief Restructuring Officers (“CROs”) need to have a versatile skill set to deal with the variety of issues encountered in turning around a distressed business. This archived webinar is the second in the CRO School series and focuses on the issues facing a CRO in stabilizing a failing business and executing an operational turnaround. Discussion topics include situation analysis, management team evaluation, corporate operations centralization and consolidation corporate operations, liquidity management, and cost reduction and revenue enhancement strategies. Panel participants draw on their varied, real world experience to illustrate these issues and provide relevant, pragmatic solutions.
