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Turnaround & Restructuring

Perspective on turnaround & restructuring, from the senior people who do the work.

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The 13-Week Cash Flow Forecast, Explained

A plain-English guide to the 13-week cash flow forecast — what it is, why it is the single most important tool in a turnaround, how a rolling weekly model is built and used, and what separates a forecast a lender will trust from one it will not.

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The Enrollment Cliff Meets the Balance Sheet

A former university president on the board-level turnaround playbook for colleges facing the enrollment cliff and balance-sheet pressure at the same time — the early-warning signals, the financial discipline, and the governance decisions that keep a mission-driven institution solvent.

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Most companies wait too long to call. Here's the moment they should have.

Most owners call a turnaround firm only after the decision has been made for them. Here are the financial, operational, and crisis warning signs — and the moment to act while you still have options.

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What a Century of Turnaround Work Taught Us About Lenders

Over a century of combined turnaround experience on how seasoned restructuring teams earn lender trust, manage forbearance, read the special-assets desk, and turn a bank workout into a path forward for the middle market.

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Fewer Banks, More Workouts: What Regional Consolidation Means for Borrowers in 2026

How 2026 regional-bank consolidation and the commercial debt maturity wall are reshaping middle-market borrower relationships, deal flow, and special-assets workout activity — and the three moves borrowers should make now.

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Section 363 Sales Without the Legalese

A plain-English guide to Section 363 sales — how the stalking-horse bid, the auction, the timeline, and the stakeholders work together to sell a distressed business free and clear and preserve enterprise value a slow liquidation would destroy.

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Inglewood Launches Higher Education Consulting Group to Support Colleges and Universities

Inglewood launches its Higher Education Services Group, led by Sam Steinhouse, to help colleges and universities navigate financial headwinds.

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The Briefest of Management Philosophies

John Lane distills a career of turnaround work into a four-word management philosophy: life is too short. Here is why it holds up under pressure.

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Listen to Your Angel: Coping With Business Failure and Despair

A reflection on the quiet epidemic of deaths of despair, and why business owners facing collapse are rarely as alone as they feel.