The Emergency Manager law doesn’t need revamping. What needs to happen at the State level is to appoint Emergency Managers that actually have training and experience in crisis management. The Turnaround Management Association provides the training and testing to determine… Continue Reading
Barney Frank once said, “the public hates Banks and because legislators hangout with bankers they hate politicians too”. The difference between lenders and borrowers perspectives of each other often leads to irreconcilable differences. Borrowers on one hand believe lenders are… Continue Reading
Every year we pick a few deals to be judged for our transactional excellence by our peers against our competition. For the tenth consecutive year we have been recognized as the top financial advisory firm for transactions in the merger… Continue Reading
I recently attended a presentation by Andrew Fastow held by the Birmingham Bloomfield Chamber of Commerce. Andrew Fastow, the former Chief Financial Officer at Enron who pleaded guilty to two counts of conspiracy, forfeited nearly $24 million, and spent more… Continue Reading
A litigator can hire a skilled economic damages’ expert, but if that expert cannot concisely convey complex, financial topics in a succinct fashion to a judge or jury, then the litigator may win on liability for the client but may… Continue Reading
With Governor Christie throwing his hat into the presidential ring of candidates I am wondering how much coverage will be made of New Jersey’s financial plight. While most of the focus has been on Greece, the bigger financial story will… Continue Reading
In the last few years, we have seen a number of golf course workouts. This has been fueled in part by a lack of demand for residential development around courses and a general decline in the popularity of golf. Golf… Continue Reading
To litigate or not to litigate? Litigation management has become an integral part of success and failure in every business. One needs only look at the headlines to see the impact of properly, or poorly, managed litigation: General Motors battle… Continue Reading
While recently driving on I-75 on our way to a long ski weekend, I couldn’t help but notice how the road was fraught with patched seams on areas of roadway that were less than 5 years old. Imagine my surprise… Continue Reading
The ever changing landscape of commercial real estate investment is being driven less and less by institutional investors in Middle America. Private investors, whether they are entrepreneurs, family offices, regional developers or lone wolves, are becoming more and more sophisticated… Continue Reading
