Bankruptcy provides debtors with important advantages for dealing with insolvency, but if bankruptcy is impractical or undesirable, alternatives such as ABCs, UCC Article 9 sales, and receiverships can often achieve similar results more quickly and with less...
Industry experts share their forecasts for coming disruption. Get ahead of the curve and learn how these changes will affect restructuring opportunities in key fields such as health care, supply chain/logistics, and others.
T urnaround, the process of identifying and setting operational issues back on track to return a company to sound profitability, presents massive financial, operational, and emotional challenges to those directly involved in the process. However, most firms that have struggled through such...
Understanding the strengths and weaknesses of a retailer’s real estate portfolio has always been a critical part of the planning process before commencing a restructuring project. However, in today’s highly disrupted retail environment, the need for clarity on this front is greater than ever. The...
Hear from experts on the specific pressures facing hospitals, long term care facilities, and others in the healthcare sector, and the unique regulatory and reimbursement challenges which arise in restructuring. Panelists will address causes of distress in the healthcare sector and discuss...
The TMA Florida Chapter’s Winter Conference included a panel discussion of turnarounds in higher education, a sector where significant distress has occurred and is expected to continue over the next decade. As if to punctuate the point, shortly after the conference Argosy University abruptly closed...
In October 2018, Quintis Limited, with some 13,000 hectares (32,110 acres) of sandalwood to grow and harvest in Australia, completed a recapitalisation of its business and restructuring of the group balance sheet and debt instruments. The restructure design utilised Australian voluntary...
TMA honors excellence through its annual awards program, which recognizes achievements in the categories listed in this issue, plus more. The following awards were presented at The 2018 TMA Annual in Colorado Springs, CO, on September 27. TURNAROUNDS AND TRANSACTIONS OF THE YEAR Transaction of the...
“Use the right tool for the job.” Learn from some of the best technicians in the industry the tools of the turnaround trade: from cashflow, appraisal, and historical financial tools to liquidation and wind down tools.
Opportunity abounds for TMA practitioners despite a bankruptcy-lite economy. Industries challenged by disruption or new competition are creating turnaround opportunity. After companies’ balance sheets are financially restructured, operations still need fixing....
