Calling all Turnaround Management Association of West Michigan NextGeners!
Join us for breakfast and networking in a relaxed environment that encourages young professionals to ask questions and receive clarification surrounding the current Case Study Series! Feel prepared as you enter the regular session on March 14.
This breakfast will focus on Session 3 of "Sinking Ship LLC", A Receivership Tale. Named Salvaging the Wreckage, the ins and outs of Bankruptcy will be discussed.
Who should attend:
If you have roughly 8 years or less of experience in the turnaround industry (including: bankers, lawyers, accountants, insurance professionals, valuation experts, liquidation and other insolvency professionals (the list is NOT exclusive), please join us!
Date: Monday, March 9, 2017
Time: 7:45-8:45 AM
111 Lyons St NW #900
Grand Rapids, MI 49503
“Sinking Ship LLC”, A Receivership Tale Case Study Details.
Focusing on a single fictitious turnaround scenario, panelists and moderators will beguile you with the tale of this company's experience over the course of 3 sessions.
January 10, 2017 Session 1
February 14, 2017 Session 2
March 14, 2017 Session 3
April 18, 2017 A Real Life Turnaround Success Story
Read to the tune of the Gilligan’s Island Theme Song:
Just sit right back
And you’ll hear a tale
A tale of a Receivership
That started when the market sunk
For this family biz
The state was one of concern and angst
The next steps were unsure
They asked the bankers to come in
For a three hour tour
A three hour tour
The discussions started getting hot
The forbearance plan was tossed
“Get this fixed right now!” they barked
Or the funding will be lost
The funding will be lost
More problems started to surface
And stumped the CRO
High overhead, Embezzlement too.
And family strife.
The details are
Available for you to see
In the Bankruptcy File.
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