Marti P. Murray is the founder and president of Murray Analytics in New York City. She also founded Murray Capital Management, a distressed debt-focused hedge fund, in 1995 and served as the firm’s president and portfolio manager. The firm’s distressed debt business was acquired by Babson Capital...
The Impact Government Regulation Can Have on Business; A Case in Point - SquareTwo Financial Corporation Hear from SquareTwo's senior management team about the impact of Dodd Frank and the Consumer Financial Protection Bureau. The team will share lessons learned from their journey at this Denver-...
In 2015, Sears sold a portion of its real estate holdings to Seritage (SRG), a newly formed real estate investment trust (REIT) owned by existing Sears shareholders, in a $2.7 billion sale-leaseback transaction. The real estate holdings consisted of existing Sears retail locations, and as part of...
When bankruptcy and restructuring professionals evaluate the health of a company, they typically focus on the pieces of information that they can touch—balance sheets, cash flow statements, working capital. They look at liquidity, solvency, and profit and loss. They also look at the company’s...
Disposing of assets of a nonprofit corporation, whether tax-exempt or taxable—or liquidating or dissolving such an entity—can be wrought with traps for those unfamiliar with the additional legal regimes and other considerations that overlay nonprofit organizations. Unlike their for-profit brethren...
“The most useful and influential people in America are those who take the deepest interest in institutions that exist for the purpose of making the world better.” What Booker T. Washington recognized in 1901 holds true today. More than 25 percent of adults volunteer with nonprofit organizations,...
Unfortunately, theft from charitable organizations is neither rare nor insignificant. The Internal Revenue Service, which began collecting diversion data in 2008 from the larger nonprofits that are registered with the agency, reported that 285 diversions involving total losses of more than $170...
The charitable nonprofit form creates unique issues of corporate governance. Officers and directors owe fiduciary duties to their charitable institutions, and insolvency or reorganization complicates issues, particularly with regard to the handling of endowment funds. Donors can specify how gifts...
Nonprofits are big business,
with more than 1 million entities contributing 5 percent of the
U.S. gross domestic product. The
size and prevalence of nonprofits are
also visible in the donations of time
and treasure. Last year, more than
63 million Americans volunteered
their services to...
Mark your calendar for our annual holiday event and charity fundraiser! The evening will begin with a whiskey tasting presented by Cliff Palmore, CSW of Winebow and then continue with Las Vegas style entertainment at the casino tables*, a variety of finger foods, cocktails, and the best networking...
