Be Prepared. Take Action Early.

Read the D&O Guide

Navigating Today’s Environment: The Directors’ and Officers’ Guide to Restructuring (“D&O Guide”) examines key topics and challenges facing directors and officers leading distressed enterprises undergoing rapid change. With more than 20 chapters representing the perspectives of 90 expert contributors, leading financial advisory, legal, investment banking, insurance and executive staffing firms came together to help directors and officers at the earliest stages in the corporate demise curve. The resulting D&O Guide provides on-point, practical corporate governance advice for directors and officers.

Contributors: Michael Eisenband, Omar Aguilar, Craig Cheng, Rachel Chesley, Robert Del Genio, Heath Gray, Dan Hugo, Michael Katzenstein, Christine Kim, Martin Kuehne, Tim McDonagh, Shannon Stucky Pritchett

Advisory Board: Michael Eisenband, Carlin Adrianopoli, Amir Agam, Robert Del Genio, Michael Katzenstein, Steven Simms

Select Chapters

Preface | A Brief Lookback At A Decade Of Restructurings, Defaults And Leveraged Finance

This updated guide to Restructuring explores the ways in which the practical application of the Bankruptcy...

This updated guide to Restructuring explores the ways in which the practical application of the Bankruptcy Code has changed in the last decade.

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Chapter 1 | Who’s Who: An Introduction For Officers And Directors To The Typical Players In A Restructuring Transaction

Are you new to restructuring transactions? A look at the players involved in a restructuring can help flatten...

Are you new to restructuring transactions? A look at the players involved in a restructuring can help flatten the learning curve faced by directors and officers.

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Chapter 2 | The Role And Duty Of The Board Of Directors And The Special Committee Of The Board In Distressed Scenarios

What questions should directors and officers be asking when signs of distress appear? The answers are always...

What questions should directors and officers be asking when signs of distress appear? The answers are always fact specific.

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Chapter 3 | Executive Compensation And Incentive Plans During Restructuring

Experts discuss human capital issues such as increased turnover, improving staff motivation and the need to...

Experts discuss human capital issues such as increased turnover, improving staff motivation and the need to revise and realign company performance goals and objectives.

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Chapter 4 | Liquidity: Key To Restructuring

What are the potential sources of liquidity, the pressures and their impact on the restructuring process? Read...

What are the potential sources of liquidity, the pressures and their impact on the restructuring process?

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Chapter 5 | The Rise Of The RSA: Driving Value To Streamline Negotiations In A Restructuring Process

Restructuring support agreements have become more common.

Restructuring support agreements have become more common. What are the drivers and impacts to the distressed debt market?

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Chapter 6 | Bankruptcy Financing: Overview And Current Developments

A look at DIP financing dynamics including their central role, recent developments, obtaining and enabling,...

A look at DIP financing dynamics including their central role, recent developments, obtaining and enabling, convertibles, pricing trends and issues to monitor.

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Chapter 7 | Avoiding A Bankruptcy Filing: Corporate Decision-Making And Liability Management Transactions

Liability management transactions may provide financial relief without a bankruptcy filing. Read Chapter 7

Liability management transactions may provide financial relief without a bankruptcy filing.

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Chapter 8 | Distressed Company Communications: Maintaining Credibility With Key Constituencies

Consider the communications beyond the legally required disclosures and the benefits that transparency can...

Consider the communications beyond the legally required disclosures and the benefits that transparency can bring, pitfalls to avoid and how to retain trust.

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Chapter 9 | The Need For Speed: Accelerating The Chapter 11 Process

Develop an optimal Chapter 11 strategy that minimizes time in bankruptcy, ensures that management is able...

Develop an optimal Chapter 11 strategy that minimizes time in bankruptcy, ensures that management is able to achieve its goals and that preserves value.

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Chapter 10 | Treatment Of Workforce-Related Claims In Financial Restructurings

Experts discuss U.S.

Experts discuss U.S. Bankruptcy Code’s treatment of employee-related claims and how to help maintain employee morale, minimize potential disruptions and preserve enterprise value.

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Practical Advice for Leading Distressed Enterprises

The D&O Guide provides on-point, corporate governance advice for directors and officers as they prepare for and mange through restructuring situations.

Chapter Directory

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