Just as a debtor selling real estate in a bankruptcy proceeding engages a bankruptcy attorney to handle legal work and a financial advisor for management consulting and financial reporting services, the debtor should also engage a real estate advisor who specializes in selling assets in bankruptcy...

There are many important considerations to keep in mind when lending on inventory assets. Chief among them is understanding the differences between so-called lagging versus leading indicators when identifying and monitoring critical key performance indicators (KPIs) in any given transaction. In...

When underperforming and distressed companies require the intervention of turnaround executives, they often need to develop and implement a new strategic plan. At the most fundamental level, the plan’s success depends on changing employee behaviors. Attaining employee adoption of a plan is commonly...

A ndrew M. Toft is a Denver attorney whose practice includes commercial and civil litigation, real estate litigation, commercial foreclosures and receiverships, commercial collections and loan workouts, post-judgment collection, creditors’ rights in bankruptcy, and Uniform Commercial Code Article 9...

Sheon Karol has joined The DAK Group , a boutique investment bank serving middle market companies, as a managing director. He has more than three decades of experience and has negotiated transactions in industries that include manufacturing, biotech, pharma, for-profit education, medical research,...

Alabama Christopher G. Brown, Newpoint Advisors Corporation Bradley R. Hightower, Christian & Small LLP Arizona Ron Losefsky, ISD Bradley J. Stevens, Jennings Strouss & Salmon PLC George Wandachowicz, Biditup Auctions Atlanta Harry Bramson, Conway MacKenzie Inc. John W. Cannon, Conway...

In February, TMA Global Chair David Cohen and I attended the fourth annual TMA Eastern European Conference hosted by Erste Bank in Vienna, Austria. Bringing together nearly 150 turnaround professionals, lawyers, capital providers, and others, this meeting represented a who’s who of the profession...

In November 2016 the TMA Executive Board reaffirmed that one of its core values is to “attract, represent, and develop industry experts through certification and professional development.” Acting on that core value, in December 2016 we launched revamped Certified Turnaround Professional (CTP) and...

Alabama Tania Daniel, Porter Capital Corporation Edward S. Sledge IV, Bradley Arant Boult Cummings LLP Arizona Scott Ferguson, Sustainable Income LLC James R. Lentine, Wise Enterprise Group LLC Jared Shintaku, Pinnacle Bank Atlanta Michael Conrad, Gibraltar Business Capital Case Fedor, Crystal...

Susan M. Smith is a senior managing director with GlassRatner Advisory and Capital Group LLC in Tampa, Florida. She has more than 20 years’ experience in financial advisory services, including turnaround management, bankruptcy and restructuring consulting, and litigation support. She has served as...