Workouts and Turnarounds II Global Restructuring Strategies for the Next Century: Insights from the Leading Authorities in the Field

by DiNapoli, Dominic

• ISBN13: 9780471246367
• ISBN10: 0471246360
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-10-14
• Publisher: Wiley

Summary

The most trusted names in workouts and turnarounds share their valuable strategies Compiling insights and methods from industry experts, this authoritative and practical guide cuts through the maze of corporate restructuring jargon to give corporate leaders and professionals the proven techniques and clear advice needed to understand today's corporate turnarounds and workouts. Workouts & Turnarounds II: Global Restructuring Strategies for the Next Century gives detailed coverage of the key issues involved in this process-from both the creditor and company positions. You'll learn how to identify a troubled company and determine the chances of turnaround, and what management should focus on before it's too late. One of the leading authorities in financial and operational restructuring services, Dominic DiNapoli has assembled experts from around the country who have provided their insights and years of experience in the various topics covered in this book. From business regeneration tactics, to managing corporate communications, to the roles of lawyers and lender services, you'll find a wealth of information in this comprehensive reference. In addition, this guide contains case studies of turnarounds in progress, illustrating many of the techniques and strategies currently available. Whether you are a CEO, an attorney, or a lender restructuring or investing in distressed companies, Workouts & Turnarounds II: Global Restructuring Strategies for the Next Century gives you the crucial information you need to make the right decisions today.

Author Biography

DOMINIC DINAPOLI is the partner-in-charge of PricewaterhouseCoopers LLP’s North American Business Recovery Services practice.

Table of Contents

Preface	xxix
Trouble Spotting: Assessing the Likelihood of a Turnaround	1	(20)
Dominic DiNapoli
Elliot Fuhr
Looming Financial or Business Failure: Fix or File---A Legal Perspective	21	(24)
Harvey R. Miller
Preparing for Bankruptcy: Building the War Chest	45	(9)
Joel Nitzberg
Business Regeneration: Early Detection---Early Intervention	54	(20)
R. Carter Pate
Spin control: Managing Internal and External Communications	74	(11)
Michael S. Sitrick
The Lawyer's Role in Representing the Distressed Company	85	(23)
Lewis Kruger
Robin E. Keller
At the Front of the Line: The Secured Creditor	108	(48)
Chaim J. Fortgang
Seth Gardner
David R. Caro
Representing the Unsecured Creditors' Committee in Insolvency Restructurings	156	(35)
David S. Kurtz
Jeffrey W. Linstrom
Timothy R. Pohl
Lender Services: Let the Lender Beware!	191	(24)
Robert S. Paul
Kris Coghlan
Financing Alternatives for Troubled Companies	215	(10)
William C. Repko
Valuation of Companies within workout and Turnaround Situations	225	(13)
Thmoas J. Millon, Jr.
Shannon P. Pratt
Market Dynamics and Investment Performance of Distressed and Defaulted Debt Securities	238	(15)
Edward I. Altman
International Restructuring: Overcoming Cross-Border Hurdles in South America	253	(26)
Deborah M. Smith
Jeffrey A. Sell
Asian Markets	279	(24)
M. Freddie Reiss
The Accountant's Role in the Workout Environment---Beyond ``Bean Counting''	303	(25)
DeLain E. Gray
Dealing with Employee Issues in a Bankruptcy Situation	328	(21)
Robert J. Rosenberg
David S. Heller
Financial Aspects of Bankruptcy Disputes	349	(29)
Harvey R. Kelly
Daniel V. Dooley
Tax Planning in Corporate Reorganizations	378	(21)
Mitchel R. Aeder
The Retail Industry---Trends in the Next Century	399	(17)
Kevin Regan
A New Paradigm Emerges	416	(8)
Jack Barthell
Pat Leardo
Mitch M. Roschelle
Merger and Acquisition Strategies for the Distressed Company	424
David R. Williams
Sudhin N. Roy