As many in the turnaround and distressed space know, the total number of bankruptcy filings continues to languish. In Q1 2015, business bankruptcy filings were down more than 3 percent from Q4 2014 and 19 percent from Q1 2014. 1 In fact, Q1 2015’s filing count continues to mirror the lowest...

The financial distress being experienced by many, if not most, colleges and universities—large and small, public and private, for-profit and not-for-profit—was thrust into the public eye by the May 2015 Chapter 11 filing of Corinthian Colleges, which had 107 campuses, employed over 10,000 people,...

The food processing industry is consistently an active category for M&A activity, and changes in consumer preferences have been driving the activity level even higher in recent years. The Food Institute reported in July 2015 that it had recorded 206 transactions, year to date. Even a slight...

The retail industry was once dependent on store count and improving same-store sales to drive growth. Fast forwarding to 2015, when Amazon is ranked among the top 10 U.S. retailers, the most widely used buzzword of the year is “omnichannel,” and a retailer could potentially abandon generations of...

Against the backdrop of a U.S. retail landscape that some estimate provides over 50 square feet of retail space per person, 1 store closures remain an almost daily feature of retail news. From department stores to fast fashion, retailers across the U.S. are grappling with the challenge of deciding...

Today’s retailers face unprecedented challenges in the marketplace as they confront the evolution of not only customer shopping patterns, but also how retail is defined. Historically, top tier retailers thrived because they had the best locations and offered desirable merchandise at a great value...

As a veteran investment banker the author knows is fond of saying, “Retail isn’t rocket science—it is nowhere near that simple.” What retailers do have going for them, however, is the real-time performance reviews they receive from their true bosses—the frontline consumer. To satisfy increasingly...

After three years of study, the ABI Commission to Study the Reform of Chapter 11 issued its “Final Report and Recommendations” December 8, 2014, setting forth its findings with respect to suggested improvements to Chapter 11 of the U.S. Bankruptcy Code. Among other areas for possible reform, the...

Price gouging, treatment rationing, and data falsification are signs that the Anthropocene Epoch has arrived in healthcare and extinction lies ahead for those that cannot adapt. As a result of revolutionary changes in the reimbursement system that the Center for Medicare and Medicaid Services (CMS...

“It’s only when the tide goes out that you learn who has been swimming naked.” —Warren Buffet It is no secret the healthcare industry has been experiencing an unprecedented tidal wave of consolidation over the past several years. On its surface, the healthcare industry appears to be generally...