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

<p>Preface xxix</p>
<p>1 Trouble Spotting: Assessing the Likelihood of a Turnaround 1<br />Dominic DiNapoli and Elliot Fuhr<br />PricewaterhouseCoopers LLP</p>
<p>2 Looming Financial or Business Failure: Fix or File A Legal Perspective 21<br />Harvey R. Miller<br />Weil, Gotshal &amp; Manges LLP</p>
<p>3 Preparing for Bankruptcy: Building the War Chest 45<br />Joel Nitzberg<br />PricewaterhouseCoopers LLP</p>
<p>4 Business Regeneration: Early Detection Early Intervention 54<br />R. Carter Pate<br />PricewaterhouseCoppers LLP</p>
<p>5 Spin Control: Managing Internal and External Communications 74<br />Michael S. Sitrick<br />Sitrick &amp; Company</p>
<p>6 The Lawyer s Role in Representing the Distressed Company 85<br />Lewis Kruger and Robin E. Keller<br />Stroock &amp; Stroock &amp; Laven LLP</p>
<p>7 At the Front of the Line: The Secured Creditor 108<br />Chaim J. Fortgang, Seth Gardner, and David R. Caro<br />Wachtell, Lipton, Rosen, &amp; Katz</p>
<p>8 Representing the Unsecured Creditors Committee in Insolvency Restructurings 156<br />David S. Kurtz, Jeffrey W. Linstrom, and Timothy R. Pohl<br />Skadden, Arps, Slate, Meagher &amp; Flom LLP</p>
<p>9 Lender Services: Let the Lender Beware! 191<br />Robert S. Paul and Kris Coghlan<br />PricewaterhouseCoopers LLP</p>
<p>10 Financing Alternatives for Troubled Companies 215<br />William C. Repko<br />The Chase Manhattan Bank, N.A.</p>
<p>11 Valuation of Companies within Workout and Turnaround Situations 225<br />Thomas J. Milton, Jr. and Shannon P. Pratt<br />Willamette Management Associates</p>
<p>12 Market Dynamic and Investments Performance of Distressed and Defaulted Debt Securities 238<br />Edward I. Altman<br />New York University</p>
<p>13 International Restructuring: Overcoming Cross–Border Hurdles in South America 253<br />Deborah M. Smith, PricewaterhouseCoopers LLP and Jeffrey A. Sell<br />The Chase Manhattan Bank, N.A.</p>
<p>14 Asian Markets 279<br />M. Freddie Reiss<br />PricewaterhouseCoopers LLP</p>
<p>15 The Accountant s Role in the Workout Environment Beyond Bean Counting 303<br />DeLain E. Gray<br />PricewaterhouseCoopers LLP</p>
<p>16 Dealing with Employee Issues in a Bankruptcy Situation 328<br />Robert J. Rosenberg and David S. Heller<br />Latham &amp; Watkins</p>
<p>17 Financial Aspects of Bankruptcy Disputes 349<br />Harvey R. Kelly and Daniel V. Dooley<br />PricewaterhouseCoopers LLP</p>
<p>18 Tax Planning in Corporate Reorganizations 378<br />Mitchel R. Aeder<br />PricewaterhouseCoopers LLP</p>
<p>19 The Retail Industry Trends in the Next Century 399<br />Kevin Regan<br />PricewaterhouseCoopers LLP</p>
<p>20 A New Paradigm Emerges 416<br />Jack Barthell, Pat Leardo, and Mitch M. Roschelle<br />PricewaterhouseCoopers LLP</p>