Turnaround Management And Bankruptcy

Author : Jan Adriaanse,Jean-Pierre van der Rest
Publisher : Taylor & Francis
Page : 450 pages
File Size : 46,9 Mb
Release : 2017-03-27
Category : Business & Economics
ISBN : 9781317572725

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Turnaround Management and Bankruptcy by Jan Adriaanse,Jean-Pierre van der Rest Pdf

Written by leading experts in the field of business, finance, law and economics, this edited volume brings together the latest thoughts and developments on turnaround management and business rescue from an academic, judiciary and turnaround/insolvency practitioner perspective. Turnaround Management and Bankruptcy presents different viewpoints on turnarounds and business rescue in Europe. Presenting a state-of-the-art review of failure research in finance, such as on bankruptcy prediction, causes of decline, or distressed asset valuation. It also presents the latest insights from turnaround management research as well as giving a contemporary insight into law debates on insolvency legislation reform, cross-border judicial issues, bankruptcy decision-making by judges and competition policy in distressed economies. Finally, the book provides a regional and sector perspective on how the current crisis affects Europe, its government policies and industry performance. In this way, the volume presents a modern, interdisciplinary and scholarly overview of the latest insights, issues and debates in turnaround management and business rescue, developing a European perspective in an attempt to redress the predominance of an American orientation in the academic literature. It aims at a wider audience interested in turnarounds and failure, such as faculty and students in the fields of law, business, economics, accountancy, finance, strategic management, and marketing, but also at judges, insolvency practitioners, lawyers, accountants and turnaround professionals, as well as the EU and government officials, staff of trade unions and employer’s associations.

Author : TILLEY
Publisher : Unknown
Page : 0 pages
File Size : 53,5 Mb
Release : 2023-11-30
Category : Electronic
ISBN : 1787429822

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Turnaround Management by TILLEY Pdf

Following the highly regarded first edition, this second edition of Turnaround Management covers important legislative changes since 2018 and their significant effect on turnaround practice, particularly the EU Directive on Restructuring and Insolvency 2019 and the UK's Corporate Insolvency and Restructuring Act 2020. It covers, among other things: the evolution of turnaround;the influence of the United States Bankruptcy Code's Chapter 11 on European turnaround; andthe influence of US turnaround practice on driving change from default insolvency to a better balance of debtor and creditor interests to unlock and preserve going-concern value in distressed businesses.The importance of stakeholder management is emphasised, particularly in the light of new moratorium-based legislation, and how this can be leveraged to more consensual turnaround ahead of insolvency without compromising secured creditor collateral. Drawing on the author's 40-plus years of hands-on turnaround management experience, the reader is also guided through such key issues as cash control, operational change, business plan development and team building to implement the plans - all brought to life through case studies.Author Alan Tilley is chairman of leading turnaround boutique BM&T European Restructuring Solutions. He has operated in most jurisdictions in Europe and the US, and has been president of TMA UK, a founding director of TMA Europe and vice president international of TMA Global. Additionally, as president of the European Association of Certified Turnaround Professionals, he has led the introduction of online and exam-based training and certification of turnaround professionals.

Author : Dominic DiNapoli,Sanford C. Sigoloff,Robert Frank Cushman
Publisher : Irwin Professional Publishing
Page : 824 pages
File Size : 45,7 Mb
Release : 1991
Category : Business & Economics
ISBN : UOM:49015001279331

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Workouts and Turnarounds by Dominic DiNapoli,Sanford C. Sigoloff,Robert Frank Cushman Pdf

Author : Donald B. Bibeault
Publisher : Beard Books
Page : 432 pages
File Size : 45,7 Mb
Release : 1998
Category : Business & Economics
ISBN : 1893122026

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Corporate Turnaround by Donald B. Bibeault Pdf

Author : John O. Whitney
Publisher : Beard Books
Page : 304 pages
File Size : 55,5 Mb
Release : 1998
Category : Business & Economics
ISBN : 1893122034

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Taking Charge by John O. Whitney Pdf

Author : Gregory K. McDonough
Publisher : Unknown
Page : 150 pages
File Size : 51,8 Mb
Release : 2017-09-25
Category : Business & Economics
ISBN : 1619617021

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The Turnaround by Gregory K. McDonough Pdf

Bankruptcy is often seen as the end of the road for a broken business: an admission of failure. But despite the stigma surrounding it, bankruptcy can actually allow a company to restart, renew, and improve--as long as it's done right. When Gregory K. McDonough faced his own professional "death spiral," he took a deep dive into the bankruptcy process and realized that bankruptcy could help revive his business. Now, he draws on his knowledge as a Certified Insolvency and Restructuring Advisor and his personal experiences to create a practical guide to staying mentally and strategically strong while navigating bankruptcy. The Turnaround provides vital information and coaching on the key elements of the process, including the following: What bankruptcy means When to declare bankruptcy How to make hard decisions From whom to get help When to dissolve How to protect your personal life What plans to put in place to rebuild Going bankrupt does not mean giving in. With the right plan of action, commitment, and mind-set, it can be the first step in turning a bad situation into a positive outcome.

Author : Harlan D. Platt
Publisher : Beard Books
Page : 182 pages
File Size : 48,6 Mb
Release : 1999
Category : Business & Economics
ISBN : 1893122050

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Why Companies Fail by Harlan D. Platt Pdf

From Debra Ann Hatten - The Christian Science Monitor (Eastern edition) This book, written for the nonfinancial reader, records conventional reasons for business failure: cash-flow problems, taking on too much debt, and starting out with too little capital. But it continues where other books may stop, pointing out to those who are nearly bankrupt how to avoid bankruptcy. It describes reorganization techniques that have pulled companies out of the holein recent years--such as refocusing market niches and converting debt into stock. The book uses minicases to illustrate these methods. The author also gives potential investors a score card to select potential turnaround companies when picking up the high-risk, high-yield bonds (not stocks) of near-bankrupt or bankrupt companies.

Author : Arnold S. Goldstein
Publisher : John Wiley & Sons
Page : 264 pages
File Size : 50,9 Mb
Release : 1988
Category : Business & Economics
ISBN : UOM:49015000981325

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Corporate Comeback by Arnold S. Goldstein Pdf

Describes the ten most serious business problem, tells how to set a team of special advisors, and discusses debt restructuring, credit extension, bankruptcy, and business plans.

Author : Jeff Sands
Publisher : John Wiley & Sons
Page : 341 pages
File Size : 53,9 Mb
Release : 2020-02-19
Category : Business & Economics
ISBN : 9781119539988

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Corporate Turnaround Artistry by Jeff Sands Pdf

How to steer your business through times of financial distress and achieve sustained profitability Corporate Turnaround Artistry is a complete guide for entrepreneurial companies in times of financial distress—presenting effective strategies and proven methods to revive and rehabilitate your business. Uncertain economic times have significantly altered the financial resources available to struggling businesses. Narrowing margins and mounting internal and external pressure has taken their toll on many companies. Fortunately, most businesses can be repaired while maintaining their existing revenue structure. Offering practical steps that go beyond simple cost-cutting and sales-building advice, this invaluable guide teaches you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that your employees, customers, and creditors will support. Business leaders and entrepreneurs often fall into the trap of assuming new debt when tough times strike. Author and Certified Turnaround Practitioner Jeff Sands shows that to many struggling businesses, more money is no longer the answer to the problem. Expert advice on topics including cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more, provides the framework to timely and efficient corporate turnaround. From identifying the initial cash crisis to meeting with creditors and developing a plan, this essential resource will help you: Stabilize your financial liabilities and re-structure your debt Implement effective turnaround strategies without significant changes to your corporate structure Preserve the positions of your current employees and their community Give yourself a fresh start with a lean and agile business Thousands of businesses fall into financial stress every year—oftentimes in sudden and dramatic fashion—leaving CEOs and owners asking the question “How do I save my business”? Corporate Turnaround Artistry: Fix Any Business in 100 Days provides the answer.

Author : Edward I. Altman,Edith Hotchkiss
Publisher : John Wiley & Sons
Page : 314 pages
File Size : 47,9 Mb
Release : 2010-03-11
Category : Business & Economics
ISBN : 9781118046043

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Corporate Financial Distress and Bankruptcy by Edward I. Altman,Edith Hotchkiss Pdf

A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.

Author : Christoph Lymbersky,Mike Teng,Rick Erick Johnson,Marc Wagner
Publisher : Createspace Independent Pub
Page : 72 pages
File Size : 52,8 Mb
Release : 2012-04-01
Category : Business & Economics
ISBN : 1478298278

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Turnaround Management Journal Issue 1 2012 by Christoph Lymbersky,Mike Teng,Rick Erick Johnson,Marc Wagner Pdf

In this Issue: The Chasm of Change "Restructuring the Goliath" by Dr. Erick Rick Johnson Evolution Management: Managing Constant Change in Corporations by Dr. Christoph Lymbersky & Marc Wagner Building Value in Companies to Prepare them for Sale - Investing in Distressed Opportunities by John M. Collard Keeping American Airways up in the Air by Dr. Christoph Lymbersky Do We Achieve Good Corporate Governance by Improving Bad Governance? by Harry Green Rescuing Schlecker: The Fall of an Empire and Ways to turn the Company around by Dr. Christoph Lymbersky Buying a Business to turn around: Making a Turnaround work by Marc Blayney Admiral Zheng He - the Collaborative Transformation Expert by Dr. Mike Teng Corporate Bankruptcy - When Should a Business File For Bankruptcy? by Matt Gallo Chapter 11 Bankruptcy - Can Restructuring Debts Save a Business? by Simon Vokov Cash is Oxygen During the Restructuring Process by Dr. Mike Teng Comprehensive Solution for Under Performing Firms by Samantha Lewers Results of the Impact Executives´s Survey by Clive Sexton Healing a Hospital - The Turnaround at Southeast Georgia Health System by L. Hoagland-Smith Managing Overhead by Mark Fackrell Buying Good Businesses in a Bad Market by Rockwell Marsh 20 Change Management Mistakes to Avoid by Torben Rick

Author : James B. Shein
Publisher : John Wiley & Sons
Page : 384 pages
File Size : 55,8 Mb
Release : 2011-02-10
Category : Business & Economics
ISBN : 9781118008478

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Reversing the Slide by James B. Shein Pdf

A just-in-time guide for revamping distressed companies Drawn from the author's decades of experience advising, purchasing, and reviving distressed companies across industries, geographies, and sizes, Reversing the Slide is designed to help executives, managers, and employees revitalize downtrodden companies. It shows how to: select the tactics appropriate for each stage of distress; understand the use of entrepreneurial concepts; avoid pitfalls common to turnarounds; determine the legal, financial, strategic, and operational steps in the process; discover why the principal of "ready, fire, aim" should guide the decision-making process in situations with time pressure and significant uncertainty; and uncover the secrets of effective leadership and governance. Contains step-by-step instructions for helping troubled organizations bounce back with vigor Often quoted in the Wall Street Journal, the author is an authority on restructuring and downsizing Offers a handbook for implementing a successful corporate turnaround James Shein's Reversing the Slide is full of insightful advice on what works, what does not, and why it will prove invaluable to executives, managers, and employees in helping troubled companies before it's too late.

Author : Sven Adrian
Publisher : GRIN Verlag
Page : 93 pages
File Size : 54,8 Mb
Release : 2013-05-31
Category : Business & Economics
ISBN : 9783656432562

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Turnaround Management. Adjusting the Marketing Mix to the Challenges of the Turnaround Process by Sven Adrian Pdf

Bachelor Thesis from the year 2011 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,8, University of Applied Sciences Essen, language: English, abstract: As one effect of the global economic crisis beginning in 2007, many companies suffered from strong decreases of incoming orders. At the same time, banks went over to a reserved willingness to grant credits, out of concerns about bankruptcies of debtors. This led to the result that companies were not able to meet liabilities that were incurred during the prior phase of economic upswing. For some companies, this chain of events led to a massive decrease of solvency, possibly resulting in a bankruptcy. But concerning other companies, the worsening of their economic situation was just accelerated by the economic crisis. The main reason for their company crisis was the fact that severe mismanagement had occurred in the past. Mismanagement often is the cause of a so-called strategic crisis. This means that the general market orientation of a company is inadequate. However the problem with this is that it cannot be detected at first sight, and therefore often no countermeasures are taken in order to avoid a negative development. The strategic crisis can then develop into an earnings crisis. In this stage, the indicators that certain things are going wrong within the company are more significant and measurable within the company’s figures. If countermeasures are not taken, this will finally lead to a liquidity crisis, in which the company faces massive problems. It is not able to pay liabilities, loan capital cannot be acquired and the company faces the danger of illiquidity or bankruptcy. This is where turnaround management gets involved. The main objective of turnaround management is to reverse negative trends that have are likely to become or already have become an existential threat to the company and to ensure its long-term success. One factor which has a massive influence on a company’s success is its marketing. Marketing, however, is a complex term, which can be discussed under various aspects and covers several areas and activities of a company. One possibility to assess the term marketing by a practical approach is the concept of marketing mix. Hereby, the marketing of a company is made visible by dividing the application of marketing activities to the market into the four elements product, price, place and promotion. This leads to the possible question of how the marketing mix and its single elements can be adjusted to the challenges of the turnaround process, in order to contribute to the overcoming of a crisis.

Author : Edmond Peter Freiermuth
Publisher : Liberty Hall Press
Page : 171 pages
File Size : 49,8 Mb
Release : 1989
Category : Business & Economics
ISBN : 0830630430

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Turnaround by Edmond Peter Freiermuth Pdf

Author : Stuart Slatter,David Lovett
Publisher : Penguin UK
Page : 284 pages
File Size : 45,7 Mb
Release : 1999-03-25
Category : Business & Economics
ISBN : 9780140279122

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Corporate Turnaround by Stuart Slatter,David Lovett Pdf

When firms are on the brink of failure, only turnaround management can restore performance and profitability. The key is to provide stability and create cash (and a breathing space) for building long-term success. This fully revised edition provides practical advice on restoring confidence through effective leadership and planning. It highlights the importance of communication with stakeholders, staff, customers and suppliers, and how best to structure the capital base of an organization in order to fund recovery and future growth. Essential reading for chief executives, consultants and merchant bankers (as well as investors tracking the progress of ailing businesses), this book offers a definitive set of tools and techniques.