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...
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...
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-...
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...
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...
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,...
Join Turnaround Management Association of West Michigan (TMA WM) for an upcoming program: Real Estate Panel: Retail and Changing Perspectives When: Wednesday, September 27, 2017 4:30-7:30 PM Where: Kent Country Club 1600 College Ave NE Grand Rapids, MI 49505 CLICK TO REGISTER
Join us for an insightful discussion on the current state and outlook for commercial lending with senior banking credit officers who will provide the audience the perspective of local community & regional banks on the current commercial lending credit environment to assist in working with their...
Join us for an informative discussion presented by our special guest Jason Blaisure , Vice President of Manufacturing and Engineering Operations of Chobani LLC. Jason is responsible for the operations of Chobani's two plants located in New York and Idaho and supervises approximately 1,800 Chobani...
Sponsored by the NJTMA NextGen Division All Are Welcome NJTMA NEXT GEN FALL BOWLING EVENT September 26, 2017 Join us for a fun evening of bowling and networking! Two cocktails and a wide array of appetizers are included along with reserved bowling lanes and free shoe rental. Everyone can bring a...