Although many of the provisions of the Patient Protection and Affordable Care Act, popularly known as “Obamacare,” did not take effect until several years after its March 2010 enactment, supporters and opponents would agree that Obamacare enacted sweeping and significant changes not only to the...

Market prices for most steel, aluminum, and copper products are at or near historical lows not seen since early 2009 following the global financial crisis and resulting recession. Market barometers and the global economy indicate that the remainder of 2016 could experience further market price...

With domestic steel prices hovering around their lowest levels since May 2009, many U.S. steel distributors and service centers (hereafter collectively referred to as service centers) find themselves facing unprecedented challenges. The combination of a strong U.S. dollar; weak demand stemming from...

When turnaround professionals take on the challenges of a financially distressed client, the first issue they often must address involves costs related to human resources. Chief among them are expenses for the company’s employees’ health benefits. In the last several years drastic changes have...

Baker A. Smith, CTP , is a managing director in the Atlanta office of BDO Consulting LLC. He has more than 25 years of experience in crisis management, turnaround planning, corporate renewal, and strategic advisory services, and has advised company owners, management, lenders, creditors, and...

Howard Brod Brownstein of The Brownstein Corporation has been appointed as an independent director of Pico Holdings Inc., which has business segments that acquire and develop water resource and storage operations in the Southwest and real estate operations in California, Washington, North and South...

Alabama James B. Bailey, Bradley Arant Boult Cummings LLP Daniel D. Sparks, Christian & Small LLP Arizona Jeffrey M. Hoelzel, Glocal Nexus Jim E. Zemezonak, Boulder Realty Advisors Brazil Fernando Nogueira, TCP Latam Roberto Profili, TCP Latam California - Northern Dan Clayton, Liquid Capital...

My last Reflections column in the Journal of Corporate Renewal was titled “Corporate Restructuring: Will the Force Awaken?” I’m here to tell you now that it has and we’re in the early stages of the new cycle. I write this having just returned from TMA’s biggest and best Distressed Investing...

Nonprofits are big business, 
with more than 1 million entities contributing 5 percent of the 
U.S. gross domestic product. The 
size and prevalence of nonprofits are 
also visible in the donations of time 
and treasure. Last year, more than 
63 million Americans volunteered 
their services to...

The charitable nonprofit form creates unique issues of corporate governance. Officers and directors owe fiduciary duties to their charitable institutions, and insolvency or reorganization complicates issues, particularly with regard to the handling of endowment funds. Donors can specify how gifts...