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Turnarounds

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  • Pensions and the Pecking Order

    A probe of Northwest Airlines brings bankrupt companies' retirement-funding duties into sharper focus. April 20, 2006

  • Q&A: Pensions on the Brink

    Bradley Belt, the nation's departing pension insurance chief, holds forth on the need for transparency, the elimination of smoothing, and the flaws in Congress's reform legislation. April 4, 2006

  • Race to Reform

    CFO Bob Davis and his cohorts have nine months left to clean up Computer Associates. January 3, 2006

  • What You Don't Know about the Bankruptcy Law

    It's not just about individuals. Largely overlooked corporate provisions of the new law require companies to make quicker decisions on leases, pony up more upfront cash, and shed some of their exclusive right to file reorganization plans. May 5, 2005

  • Second Liens: Borrower Beware

    Used wisely, second-lien loans can be a powerful funding tool, but finance chiefs should take care before signing on the dotted line. April 21, 2005

  • HP Reinvents, Slowly

    With Carly Fiorina gone, HP looks within for some new directions. March 30, 2005

  • Courts and Torts: Bankruptcy's Perks

    Even though the number of bankruptcies has declined, preference claims based on those filings are mounting. That poses a risk to creditors paid shortly before Chapter 11 filings. February 7, 2005

  • A Penney Saved

    A deft turnaround buys time, but what's in store long-term for the venerable retailer? December 16, 2004

  • Coming to a Head

    SABMiller's CFO talks about the pivotal role of M&A in a rapidly consolidating beer industry. October 28, 2004

  • Extreme Makeover: From WorldCom to MCI

    How Robert Blakely and an army of accountants turned fraud-ridden WorldCom into squeaky-clean MCI. July 19, 2004

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