News & Insights

Pandemic Sparks Exponential Growth in Grocery Delivery Services

 By Pat Schuetz, Associate Director, MorrisAnderson & Associates Ltd. While the COVID-19 pandemic wreaked havoc on many industries in the global economy, e-commerce usage among everyday consumers skyrocketed during this unprecedented time. The increase in online purchasing was a direct result of the pandemic, as consumers opted to stay at home and rely on the
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Saving Midmarket, Closely Held Companies With Traditional Workouts

Going back in time, in the middle market business world of insolvency practice, honest hard-working owners of companies that were over-leveraged but financially viable had tools available for restructuring the business while maintaining ownership. This was done in bankruptcy through a plan of reorganization or through an out-of-court restructuring with an agreement with the creditors.
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The Inside Story of a Chief Restructuring Officer (CRO)

Chicago TMA members who are all Certified Turnaround Professionals (CTPs) will discuss the inner workings of being a CRO for a distressed company. The panel will cover a variety of mission-critical issues, including: 1. the reasons CRO’s are needed and what are their objectives; 2. the potential duties and responsibilities of a CRO; 3. who
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MorrisAnderson’s Dan Dooley quoted in the S&P Global Market Intelligence

Morris Anderson’s Dan Dooley was quoted in the article “Corporate Bankruptcies Slow Again in Early April As Companies Find Ample Support”. Read the excerpt below and read the full article here. Real estate bankruptcies have so far lagged other industries during the pandemic, but a variety of factors continue to pressure the sector. Some retail
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