Category Archives: Restructuring Blog

I haven’t eaten a Hostess cupcake since I was six. Now, I guess I never will. The shutdown of Hostess  dominated today’s business news. Reporters are speculating on why Hostess failed. According to various commentators, Hostess’s demise was caused by: … Continue reading

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The Metropolitan Museum of Art’s recent “Impossible Conversations” exhibit is described by author Paula Marantz Cohen as a demonstration of post-modernism.  Post-modernism, writes Ms. Cohen, involves “contravening established conventions and expectations.”   I do not know what “skepticism toward meta-narratives” … Continue reading

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I trust I have gotten your attention now.  If you can suspend your disbelief momentarily, I promise this will be worthwhile to you – maybe even as soon as tomorrow. The secret of Nigerian e-mail scams is far from obvious … Continue reading

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As time goes on, the nature of bankruptcy news becomes more and more unusual. Dominating the bankruptcy news cycle lately has been the meltdown of the uber-law firm, Dewey LeBoeuf.  Over the past twenty four hours, it’s been reported that … Continue reading

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At last weekend’s American Bankruptcy Institute Annual Meeting, in accordance with established tradition, the kick-off session was the “Great Debate.”  This year, the Great Debate took on the most timely, popular and pervasive of controversial subjects: whether parties trading on … Continue reading

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Distressed companies often receive seemingly conflicting advice from restructuring professionals. They are told: “stick to your knitting” and “stay inside your wheelhouse” and “hit your sweet spot.” They are also told to “think outside the box” and “color outside the … Continue reading

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The women in New York amaze me. Every day on the subway, I observe women of all income levels, ages, and walks of life. They all have one thing in common: they are remarkably well put together. For years I … Continue reading

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In the beginning of January 2012, Fuller Brush Company announced that “this was a landmark year … we have devoted a significant amount of time and effort toward creating new strategies to better serve our customers” and “refreshed our branding … Continue reading

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First of all, let me say that I am not a Luddite. I am about as far from a Luddite as I could be. But there comes a point where, in my role of the blogger-in-chief for the collective unconscious … Continue reading

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Lululemon Athletica, a Canadian athletic apparel company, has a slogan on its shopping bags: “The world is changing at such a rapid rate that waiting to implement changes will leave you 2 steps behind. DO IT NOW, DO IT NOW, … Continue reading

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