Venezuela is one of the richest countries in Latin America and has the world’s largest oil reserves. But it also has too much debt, severe corruption, and related economic, political, and social problems. What unfolds there will make it a top restructuring story in 2018 and beyond. Venezuela’s...
In today’s world, the ability to move money around the globe with relative ease, combined with increasing competition among investors who require double-digit returns, has made Europe—and more specifically, Germany—an attractive venue for purchasing assets. Due to Germany’s large industrial base,...
When an insolvent company contemplates filing for creditor protection under one of Canada’s principle restructuring statutes, it may require interim financing or, as more typically referred to in the U.S., debtor-in-possession (DIP) financing. The availability of, and allowance for, DIP financing...
In classical turnaround theory, an advisor/consultant/chief restructuring officer (CRO) arrives on the scene of a cash-strapped troubled organization armed with expertise in preparing and analyzing cash-flow and income projections, organization assessment tools, rationalization processes, and other...
Anyone eating at an Applebee’s, Buffalo Wild Wings, Chili’s, Olive Garden, Outback Steakhouse, Ruby Tuesday, or TGI Fridays is patronizing a casual dining restaurant. Casual dining establishments provide table service and have “price points of approximately $15 per meal” and “menus with a much...
In recent years, there has been an upward trend in the use of the Canadian insolvency regime as a mechanism to “detach” an unprofitable Canadian subsidiary from a larger corporate enterprise. In circumstances where an economically viable parent is hemorrhaging losses as a result of its Canadian...
The positive economic climate seen around much of the world is a mixed blessing for restructuring and turnaround professionals. We continue to see signs of growth from investment in infrastructure and energy, consumer spending, job creation, and asset value appreciation, all without the inflation...
IWIRC/TMA Joint Judges Panel Views from the Bench: The Ever Changing Landscapes of Chapter 11 Featuring: Judge Barbara Ellis-Monro Judge Catherine McEwen Judge Frank Volk U.S. Bankruptcy Court U.S. Bankruptcy Court U.S. Bankruptcy Court North District of Georgia Middle District of Florida Southern...
TMAConnect, sponsored by Ritchie Brothers , is a members-only digital platform offering peer-to-peer networking introductions. Each one-on-one introduction is specifically selected for each user based on a series of simple questions. Proprietary algorithms will work to pair you with a fellow TMA...
Atlanta TMA Annual Golf Outing! Monday, April 30, 2018 Come out and enjoy a day on the fairway with your friends and colleagues. Experience why Berkeley Hills has the reputation for some of the best greens in Atlanta. As with last year, there will be a separate clinic before the afternoon reception...
