Turnaround Management: Unlocking and Preserving Value in Distressed Businesses - Couverture rigide

Tilley, Alan

Couverture rigide

ISBN 10 : 1787429822 ISBN 13 : 9781787429826

Editeur : Globe Law and Business Ltd, 2023

Synopsis

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; and the 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.

Détails de l'édition

• Éditeur: Globe Law and Business Ltd
• Date d'édition: 2023
• Langue: anglais
• ISBN 10: 1787429822
• ISBN 13: 9781787429826
• Reliure: Relié
• Numéro d'édition: 2
• Nombre de pages: 239
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible