Corporate Turnaround Artistry

INDEX

• 13-week cash flow forecast (13WCFF), 49, 78f–79f, 80, 133
• 13-week cash flow, impact, 83

• 30-day plan, usage, 133

• 80/20 Rule. See Pareto Principle

• 363 bankruptcy
  • code, 226
  • sale process, 214

• 401k deposits, transmission (avoidance), 178
• 401k trust funds, absence, 8
• 941 payments, avoidance, 177
• 941 withholding problem, 173

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• A and B Notes, 255
• Absolute Priority of Debt Rule, 16, 193
• Accounting, 287–288
  • issues, bank underwriter comprehension, 195
  • TMA exam, 42
• Accounts payable, control, 253
• Accounts receivable aging reports, 133
• Acquisitions, history, 164
• Adaptation failure (business problem), 21
• Add-on acquisitions, 165
• Administrative claims, treatment, 233
• Adversaries, impact, 132
• Affidavit of Personal Financial Condition, signing, 113
• ALLL coverage ratio, 128
• Alternative lenders, review, 119–121
• Amortization periods/terms, modification, 255
• Appraisals, placement, 270
• Asbestos claims, impact (example), 226–227
• Asset-based line of credit (ABL LOC), 95
• Asset-based (secured) private loans, 120
• Asset-based revolvers, 119
• Assets
  • foreclosure, 18, 38
  • lien, 191
  • liquidation, 272
  • re-arrangement, 235
  • sales, 228, 271
• Attorneys, hiring ability, 220
• Auction value, premium, 170

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• Backlog
  • absence, 273
  • business sale attribute, 267
• “Back to the line” option, 254–255
• Balance sheet
  • cash conversion, 28
  • impact, 228
  • insolvency, 76, 193
  • intellectual property overstatement, 196
  • leverage, 41–42
  • long-term debt, usage, 93
  • statement, 161–162
  • turnarounds, 11
  • upside-down ...