J acques H. “Jac” Belét III, CTP , is president of The Belét Group Inc., based in Memphis, Tennessee, with staffing throughout the United States. He has done turnarounds and corporate restructurings of middle market companies for 35 years and has an in-depth background in creditor and debtor...
In February 2017, Strack and Van Til Supermarkets (SVT) retained the authors’ firm to address liquidity challenges and performance issues. Little did anyone appreciate at the time the severity of the issues the grocery store chain faced or that this case would become such a complex and multifaceted...
The Uniform Commercial Code (UCC) provides a framework to allow a secured party to foreclose its security interest in personal property after a default without judicial proceedings. The secured party may then proceed to take possession of the collateral and render it unusable or dispose of it on...
Complex commercial and property cases can turn on issues that are not easily resolved by conventional litigation. But the law offers a path out of the thicket. Receivership is a tool that is often overlooked in complex disputes. Working with the court, receivers can provide the structure, guidance...
An assignment for the benefit of the creditors (ABC) has become an increasingly well-known insolvency process. While an ABC may have certain advantages for a particular company over other insolvency alternatives ( e.g ., a bankruptcy filing, foreclosure), the facts of each situation should be well...
A troubled company often reflexively perceives a bankruptcy filing as the prototype solution to its financial distress. Bankruptcy is an important and powerful tool to address insolvency—providing for an automatic stay, the sale of assets free and clear, confirmation of a plan over the objection of...
We lichten we vast een tipje van de sluier op: onze gastspreker is Joris Luyendijk!
Views from the Bench: The Judges Speak! Join TMA Pittsburgh for our annual bankruptcy judges panel & reception featuring: Moderator: Jack Teitz Compass Advisory Partners Panelists: The Honorable Jeffery A. Deller United States Bankruptcy Court, Western District of Pennsylvania The Honorable...
The valuation of financially distressed and insolvent organizations is impacted by numerous factors, including changing business models and macroeconomic factors. This panel will examine recent developments in these areas and discuss how they impact valuation engagements. Moderator : David Pieton...
