The Journal of Corporate Renewal

November 2008

Careful Review Required to Survive Economic Tumult
There is no bailout for small and mid-sized business owners. Their survival rests in their ability to improvise and adapt to survive the current crisis.

Fraud Is a Growing Threat in Worsening Economy
Surviving this challenging economy may depend on fine-tuning one’s fraud detector.

Exercising the Intercreditor Buyout Clause: Lessons from the Trenches
A number of defaulted credit facilities will have senior lien/junior lien structures, with the relationship between secured credit facilities defined by an intercreditor agreement.

Bankruptcy Appeals 101
This article is a guide for turnaround practitioners or consultants in weighing bankruptcy appellate options.

Avoiding Systematic Decision Errors
This article highlights some key findings from behavioral science studies conducted on the decision-making process and how intelligent, competent people inadvertently make decision errors.