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Business Turnround

Worker assembling a Chevrolet Cobalt at the General Motors assembly plant

Inside this issue

• The Chapter 11 filing of General Motors highlights some new methods used to stay solvent

• Asia’s heterogeneity extends to the provision of turnround practices

• Pension deficits can impede a successful corporate restructuring - -

Content

Help at hand for those in need

The credit crisis has transformed the way restructurings are implemented, writes Anousha Sakoui

US: Starting a new Chapter is harder in crisis

Sources of finance to support companies through a bankruptcy filing are drying up, says Anousha Sakoui

Asia: Debt load leaves trail of problems

There is work across the region for turnround specialists – in spite of relatively strong growth, writes Sundeep Tucker

Continental Europe: Distressed groups put new laws to the test

Anousha Sakoui on the schemes put in place to help companies survive the downturn

Eurotunnel: Complex case foreshadows issues for lenders in current financial crisis

Anousha Sakoui on a stiff test for France’s new insolvency regime

UK: Boutiques, banks and Big Four vie for work

Ross Tieman outlines a sophisticated range of restructuring advisory services

Interim managers: Rescue remedy achieves global acceptance

Ross Tieman on the benefits of bringing in a new short-term leader

Pension fund deficits: A hole new ball game for workers

Rod Newing on a thorny issue that can impede a successful restructuring