CORPORATE TURNAROUND
1 The challenge of corporate crises – GualtieroBrugger
2 Book framework and more – Paola Galbiati
3 Business transformation: drive your business out of stormy cycles – Manuela Soffientini
4 Corporate turnaround: crisis stabilization – LucaRamella
5 Corporate turnaround: make and implement a business plan – Davide Arpili
6 Corporate turnaround: financial restructuring – Igino Beverini
7 The role of lending banks in debt restructuring – Massimo Racca
8 How to obtain new financing in companies facing a crisis – Carlo Frau
9 Judicial proceedings and out of court arrangements – the Italian framework – Alessandro Danovi
10 Value destruction and value preservation – PaolaGalbiati
11 The role of the independent expert: independent business review and audited restructuring plan – Marcello Priori
12 Tax implications – Carlo Hassan
13 The corporate distress impact on the economy of the region – Giampiero Castano
14 The crisis of listed companies – Livia Gasperi
15 Governance and accountability in distressed companies – Romina Guglielmetti
16 Two cases of succefull turnaround – the financial advisor perspective – Paola Tondelli
17 Dip financing as a tool for extreme turnaround: the Ferroli case – Stefano Visalli
18 The Sorgenia case study – Massimo Macca
19 Facing a structural break in the fundamentals of the business model: a perspective of the Italian banking sector – Edoardo Ginevra
Athorough discussion of all the aspects related to crisis management entails awide scope. The range of subjects spreads from actions to be taken to “stop thebleeding” to governance responsibility under turnaround management. Theunderlying purpose of the book is to allow the reader to address every type ofconcern arising when dealing with troubled companies in Italy. The textsconcentrate on overcoming problems and saving companies so corporateliquidation is definitely not in the focus of this book.