by Al Davis | Apr 14, 2021 | Receiverships and Bankruptcy
In our last blog, we outlined the costs of Chapter 11 Bankruptcy. Shortly after writing that blog, a major Boeing supplier, TECT Aerospace, filed for Chapter 11. In their filing, they cited “catastrophic financial losses stemming from the suspension of 737 Max...
by Al Davis | Apr 14, 2021 | M&A/Capital Markets
Apr 13, 2021, 4:02pm PDT PUGET SOUND BUSINESS JOURNAL The Seattle area saw $4.5 billion in venture capital funding in 2020, a 14% year-over-year increase, according to the Seattle-based financial data firm PitchBook Data. Seattle has already notched multiple...
by Al Davis | Mar 31, 2021 | Receiverships and Bankruptcy
During 2020 Chapter 11 business bankruptcy filings were up 29% over 2019. In the second half of 2021, bankruptcy filings are expected to increase dramatically as the economic impact of Covid -19 becomes clearer and as the various stimulus packages come to an...
by Al Davis | Mar 17, 2021 | Distressed Companies
As we’ve learned throughout the pandemic, the small business failure rate has increased dramatically. And yet, even in the most challenging industries such as consumer-related companies, while many have failed others have adapted and even thrived....
by Al Davis | Mar 14, 2021 | RP Press Releases
March 12, 2021, Industry News | News | Turnaround Management News...