Older Archives before January, 2012

New board member, Deb Midanek, reflects on her mentor, Fletch Byrom

I first encountered Fletch in 1990 when I recruited him to the restructured board of bankrupt Drexel Burnham Lambert Group Inc. I was 35, he was 72, and the stakes were high. We served together on that board and others, forming an enduring friendship that lasted until his death at 91 in 2009. I loved him, and his teachings have served me well during the 14 corporate directorships I have held since our first collaboration.

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MorrisAnderson Team Members Honored with Turnaround of the Year

MorrisAnderson team members were honored by the TMA on October 26 for Turnaround of the Year

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Dan Dooley to serve on panel at 2012 TMA Distressed Investing Conference

Dan Dooley, Principal & CEO, will join industry colleagues on a TMA panel, Maximizing Business Value and Asset Recoveries: Putting Everything on the Table

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Ken Yager Quoted in Law360 Article: Soaring Labor Costs Clip American’s Wings

After allowing it's labor costs to balloon over the past decade while it's competitors streamlined in Chapter 11, American Airlines Inc. now faces the thankless task of tearing down those expensive employment agreements in hopes of emerging a more competitive carrier, attorneys say,

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Really Cool Foods’ closure hits hard

Really Cool Foods, the organic food processor that built and opened a state-of-the-art production and distribution center in the Gateway Industrial Park just north of Cambridge City in 2008, closed its doors for good Monday.

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Loan on Lincoln Park condo project on the market

The $6.4-million construction loan on a stalled Lincoln Park condominium project is up for sale, an opportunity for investors willing to shell out millions to complete construction and convert to rentals in a hot apartment market.

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Turnaround Leader Midanek Joins MorrisAnderson Board

New MorrisAnderson director and restructuring professional Deborah Hicks Midanek has served on more than a dozen corporate boards over the past two decades.

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Ken Yager Quoted in Law360 Article: Ruden McClosky Ch. 11 Fate Could Await Other Firms

The failure of Florida law firm Ruden McClosky PA, and its sale in bankruptcy court, could portend a similar fate for other law firms, especially those that haven't protected themselves by diversifying beyond areas hit hardest by the financial crisis, experts say.

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MorrisAnderson Elects Deborah Hicks Midanek to Board of Directors

MorrisAnderson, a leading financial and operational advisory firm, announced today that it has appointed Deborah Hicks Midanek, 56, to its board of directors, effective immediately. Midanek will be the only outside director and is the first woman elected to the board.

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Kankakee: New life for Meadowview

Frontline Real Estate Partners to purchase the underutilized Meadowview Shopping Center in Kankakee.

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MorrisAnderson Honored with “Turnaround of the Year” Award

MorrisAnderson, a leading financial and operational advisory firm, announced today that it received the “Turnaround of the Year – Small Company” award from the Turnaround Management Association (TMA), the only international non-profit association dedicated to corporate renewal and turnaround management. MorrisAnderson’s CEO, Dan Dooley, along with Terry Bartz, managing director, and Aaron Gillum, director, were honored for their work with Analytics, Inc., a group of Midwestern analytical chemistry laboratory businesses.

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MorrisAnderson team members named Top Crisis Management Professionals by The Deal

Six MorrisAnderson team members appear on The Deal's list of Top Crisis Management Professionals for the second quarter 2011.

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