A year ago, uncertainty was the pervasive concern for a lot of people across our industry. That uncertainty covered a number of areas, both economic and political, on our shores and others. Twelve months ago the outcome of the U.S. election wasn’t clear, the risks arising from Brexit were unknown,...

Beginning in the second half of 2016, the Canadian mining sector started to crawl out of the prolonged downturn that started in 2011, when commodity prices peaked and started a long, slow decline. That decline prompted many in the turnaround and restructuring sector to plan for a lot of work in the...

The Chapter 11 filing of SunEdison Inc. on April 21, 2016, marked the end of an extremely wild ride for shareholders of the world’s largest renewable-energy development company. Considered both a hedge fund and retail investor darling at its peak, SunEdison enjoyed a more than 2,100 percent...

Distressed cycles often test the limits of “market” terms and documentation principles prevalent in industry-specific financing arrangements. For independent oil and gas exploration and production (E&P) companies, the industry turmoil that peaked in 2015-2016 put the fundamentals of reserve-...

When managers decide that a step change in performance is desirable and achievable, they’ll often undertake a performance transformation. Such transformations are large-scale efforts that run the full span of a company, challenging the business fundamentals of every organizational layer. That...

Compared to the case law governing distressed corporations, the case law governing distressed limited liability companies (LLCs) is in its nascent stages. This is largely attributable to the fact that LLCs are a comparatively newer form of corporate structure and thus have lesser developed...

In the current environment of high demand for labor and materials combined with a high risk of government intervention, construction lenders need to detect warning signs of a borrower’s financial difficulty at the earliest opportunity. Requiring best practices for reporting, compliance, payment,...

J effrey R. Manning, CTP , is a managing director of CohnReznick Capital based in the Baltimore office. He has more than 30 years of experience across the corporate recovery marketplace with activities in investment banking, loan workout, operating restructuring, value investing, bankruptcy...

Kim Attends Made in America Day at the White House Gordon Sign , the nation’s oldest sign company and an ongoing turnaround story, was selected to represent Colorado at a recent Made in America Product Showcase at the White House. Gordon Sign was joined by other small manufacturers, such as the...

Arizona Rollin Johnson, NOW CFO Scott Lazarus, Heritage Global Valuations Lewis E. Rieck, Chase Tyler A. Wible, Amerisource Funding Inc. Atlanta Michael C. Bagley, Action Capital Corporation Bowen K. Flowers, Phoenix Management Services LLC Alexander S. Frumkin, Guggenheim Securities LLC Jeff...