Looking for the Best Outcomes… Early Warning Signs of Troubled Companies

In a Q&A with ABF Journal, Carl Marks Advisors partner Joe D’Angelo discusses some of the many warning signs of trouble that companies face, including liquidity crises, negative performance variances, delayed monthly reporting and others. Ultimately, he says timing is critical — if you have more time, there will be more options and alternatives to improve troubled businesses.READ MORE >

Relaxed Bid Procedures Aided Post-Petition Marketing of Metropolitan National Bank

U.S. Bankruptcy Judge James Mixon’s July 31 order to substantially lower the bar for bids to compete with stalking horse Ford Financial Fund II LP proved key to Rogers Bancshares Inc.’s successful auction of its stake in Little Rock, Ark.-based Metropolitan National Bank. In this SNL Financial article Carl Marks Advisors partner Christoper Wu talks about reducing the bid protections of Metropolitan National Bank.READ MORE >