Triage Before Turnaround: Management Buy-In
When a business is in distress, it’s imperative that leaders proactively confront the situation. Once the cash conservation program has been established, Paul Denton suggests seeking management buy-in is the next major task…
Triage Before Turnaround: Cash Conservation
When a business is in distress, it’s imperative that leaders proactively confront the situation—buying time to implement a sound turnaround plan. Paul Denton suggests performing triage on the ailing company and prioritizing actions…
B. Riley Farber Procures Electronic Signature Capabilities with DocuSign©
We’ve all experienced new and unexpected challenges conducting business during COVID-19, including the challenges that come with working remotely. Fortunately, getting documents signed no longer requires people to meet face-to-face. To…
Solving Cash Flow Problems During Uncertainty
Is negative cash flow hampering your business during the COVID-19 outbreak? If so, Allan Nackan suggests a proactive approach—including the right diagnosis and a solid turnaround plan to help avoid formal insolvency proceedings…
Retail Restructuring: Not Always Doom and Gloom
The retail industry has seen a significant transformation over the past decade. While some companies have been able to pivot and survive, others have struggled to adapt to the new landscape—resulting in a long…
Changes to the Wage Earners Protection Program Act
Allan Nackan, Partner at B. Riley Farber and co-leader of the firm’s Restructuring practice, sheds light on the recent changes to the Wage Earners Protection Program Act (‘WEPPA’)—including how it addresses certain…
Mitigating Social Unrest During Restructuring or Turnaround
It can be tempting, and convenient, for mining companies to abandon their corporate social responsibility initiatives when experiencing financial distress. However, Allan Nackan cautions that this could spiral into costly shutdowns, production losses, and even…