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Archive for May, 2020

Good afternoon – due to some technical challenges the presentation is being moved to ZOOM – please register or if you already registered (need to do again) at http://www.winstonbaker.com/crisis-management. You will then receive the ZOOM url.  Thanks and Don and I look forward to your participation.

Please join Steven Gerbman of Gerbsman Partners and Don Milddleberg for a webinar on “Maximizing Enterprise Value in Challenging Times”.  This is presented by Winston/Baker, “the leading entertainment finance conference producer in the world”.  You can register at https://www.crowdcast.io/e/crisis-management/register 

“Success is not final, failure is not fatal; it is the courage to continue that counts”.  — Winston Churchill

There has never been a more appropriate time to think of Sir Winston’s words. For our next webinar, we have invited Steven Gerbsman, a top crisis management advisor and Don Middleberg, one of the nation’s leading public relations executives to help corporate executives, business leaders, company stakeholders and investors develop and implement crisis management and communication plans. We have never seen a financial crisis where uncertainty is greater than it is now. Enterprises will take a major economic hit, but none of us know how large or when it will be, where it will hurt most, or how long it will last. That uncertainty is causing businesses to “freeze” their decision-making. “Freezing in place” will worsen financial and human outcomes and may even be fatal for some businesses. Through this webinar, our speakers will provide:

  • Executives insight on how to plan for worst case scenarios and take a closer look at contingent expenses, revenue prospects, liabilities, and lender issues.
  • Investors, board members, senior management and lenders strategies for developing a plan to maximize and monetize enterprise value for under-performing, under-capitalized and distressed companies.
  • Ways to communicate and navigate messaging across all channels.

Plans will change as new information emerges, but implementing a crisis and communications planning process immediately is vital, as it drives stakeholders to face hard realities and to take key actions early.

ABOUT OUR SPEAKERS:

Steven R. Gerbsman is an internationally recognized Crisis/Turnaround CEO/Restructuring Professional, Private Investment Banker and Angel Investor who has been involved in maximizing enterprise value, stakeholder and shareholder value in a broad variety of industries. He has worked with a wide spectrum of senior and junior lenders, bondholder groups, venture capital and private equity sources, private investors and institutional groups.

Mr. Gerbsman has over 50 years of senior management, marketing, sales and finance experience and has been involved in various business and investment ventures as an office, director, consultant and investor, both in the US and internationally. He has been in the business of maximizing enterprise value for highly leveraged, under-valued, under-performing and under-capitalized technology, digital marketing, life science, medical device, cyber security, fuel cell and solar energy companies and their Intellectual Property, as well as assisting technology, digital marketing, cyber security and medical device Intellectual Property companies with access to capital markets, strategic alliances, M&A, distribution of content and licensing.

To date, Mr. Gerbsman has been involved in over $2.3 billion of restructuring, financing and M&A transactions, terminating/restructuring in excess of $810 million of real estate, sub-debt and equipment lease executory contracts and since 2001, has maximized enterprise value for over 105 companies and their Intellectual Property. In 2000, he also began focusing on Israeli and European technology and life science companies, with the objective of providing access to the US capital markets and developing strategic alliances, M&A and licensing opportunities for them.

 

Don Middleberg is regarded as one of the nation’s leading public relations executives, renowned for developing some of the most creative and powerful communications programs for such companies as American Express, Consumer Reports, Gartner, IBM, Reuters, and United Airlines.

Middleberg and Associates, founded in 1989, was named “Best PR Agency of the Year” in 1999. In 2000, the company became Euro RSCG Middleberg when it was acquired by Euro RSCG, the communications division of Havas, the world’s sixth-largest communications group.

In 2009 Don Middleberg merged his second agency, Middleberg Communications, with Laundry Service, a digital marketing agency. Within six years the firm grew from 3 employees to over 600 in 4 countries and was named to Ad Age’s 10 Best Digital Agencies. In 2016 Middleberg sold this agency to Wasserman Group. Don is currently providing marketing communications consulting for several organizations in consumer technology and B2B.

A noted author and lecturer on public relations, Don, together with Professor Steve Ross of the Columbia University Graduate School of Journalism, co-authored the groundbreaking study, “The Media in Cyberspace.” Don is regularly called upon for commentary by numerous magazines and newspapers, and has appeared on CNBC, C/Net, CNN, and National Public Radio.

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Good afternoon – due to some technical challenges the presentation is being moved to ZOOM – please register or if you already registered (need to do again) at http://www.winstonbaker.com/crisis-management. You will then receive the ZOOM url.  Thanks and Don and I look forward to your participation.

Please join Steven Gerbman of Gerbsman Partners and Don Milddleberg for a webinar on “Maximizing Enterprise Value in Challenging Times”.  This is presented by Winston/Baker, “the leading entertainment finance conference producer in the world”.  You can register at https://www.crowdcast.io/e/crisis-management/register 

“Success is not final, failure is not fatal; it is the courage to continue that counts”.  — Winston Churchill

There has never been a more appropriate time to think of Sir Winston’s words. For our next webinar, we have invited Steven Gerbsman, a top crisis management advisor and Don Middleberg, one of the nation’s leading public relations executives to help corporate executives, business leaders, company stakeholders and investors develop and implement crisis management and communication plans. We have never seen a financial crisis where uncertainty is greater than it is now. Enterprises will take a major economic hit, but none of us know how large or when it will be, where it will hurt most, or how long it will last. That uncertainty is causing businesses to “freeze” their decision-making. “Freezing in place” will worsen financial and human outcomes and may even be fatal for some businesses. Through this webinar, our speakers will provide:

  • Executives insight on how to plan for worst case scenarios and take a closer look at contingent expenses, revenue prospects, liabilities, and lender issues.
  • Investors, board members, senior management and lenders strategies for developing a plan to maximize and monetize enterprise value for under-performing, under-capitalized and distressed companies.
  • Ways to communicate and navigate messaging across all channels.

Plans will change as new information emerges, but implementing a crisis and communications planning process immediately is vital, as it drives stakeholders to face hard realities and to take key actions early.

ABOUT OUR SPEAKERS:

Steven R. Gerbsman is an internationally recognized Crisis/Turnaround CEO/Restructuring Professional, Private Investment Banker and Angel Investor who has been involved in maximizing enterprise value, stakeholder and shareholder value in a broad variety of industries. He has worked with a wide spectrum of senior and junior lenders, bondholder groups, venture capital and private equity sources, private investors and institutional groups.

Mr. Gerbsman has over 50 years of senior management, marketing, sales and finance experience and has been involved in various business and investment ventures as an office, director, consultant and investor, both in the US and internationally. He has been in the business of maximizing enterprise value for highly leveraged, under-valued, under-performing and under-capitalized technology, digital marketing, life science, medical device, cyber security, fuel cell and solar energy companies and their Intellectual Property, as well as assisting technology, digital marketing, cyber security and medical device Intellectual Property companies with access to capital markets, strategic alliances, M&A, distribution of content and licensing.

To date, Mr. Gerbsman has been involved in over $2.3 billion of restructuring, financing and M&A transactions, terminating/restructuring in excess of $810 million of real estate, sub-debt and equipment lease executory contracts and since 2001, has maximized enterprise value for over 105 companies and their Intellectual Property. In 2000, he also began focusing on Israeli and European technology and life science companies, with the objective of providing access to the US capital markets and developing strategic alliances, M&A and licensing opportunities for them.

 

Don Middleberg is regarded as one of the nation’s leading public relations executives, renowned for developing some of the most creative and powerful communications programs for such companies as American Express, Consumer Reports, Gartner, IBM, Reuters, and United Airlines.

Middleberg and Associates, founded in 1989, was named “Best PR Agency of the Year” in 1999. In 2000, the company became Euro RSCG Middleberg when it was acquired by Euro RSCG, the communications division of Havas, the world’s sixth-largest communications group.

In 2009 Don Middleberg merged his second agency, Middleberg Communications, with Laundry Service, a digital marketing agency. Within six years the firm grew from 3 employees to over 600 in 4 countries and was named to Ad Age’s 10 Best Digital Agencies. In 2016 Middleberg sold this agency to Wasserman Group. Don is currently providing marketing communications consulting for several organizations in consumer technology and B2B.

A noted author and lecturer on public relations, Don, together with Professor Steve Ross of the Columbia University Graduate School of Journalism, co-authored the groundbreaking study, “The Media in Cyberspace.” Don is regularly called upon for commentary by numerous magazines and newspapers, and has appeared on CNBC, C/Net, CNN, and National Public Radio.

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Duties to Shareholders and Credtiors

  • Understand the fiduciary duties of the board and be cognizant of the interests of both shareholders and creditors.
  • Understand how the board’s fiduciary duties may evolve over time depending on the Company’s financial status.
  • Analyze tradeoffs between creditors’ and shareholders’ interests, with an eye toward community of interests as a whole.
  • Scrutinize actions that may increase shareholder value but that may put creditors at risk.
  • Confirm that the board is undertaking a sufficiently deliberative process and that the board is aware of its fiduciary duties.
  • Assess the likelihood of claims for breach of fiduciary duty.

Financial Analysis and Due Diligence

  • Understand the Company’s cash flow forecasts, the assumptions behind the forecasts, and the ramifications of incorrect assumptions.
  • Determine whether the Company has any unpaid statutory obligations and whether the cash flow forecasts provide for the payment of statutory obligations (e.g., tax, insurance, and employee obligations) and wind down costs.
  • Identify key customers and vendors and ask if they will be impacted by the pandemic.
  • Pay statutory obligations immediately or set aside reserve funds for payment of the statutory obligations.
  • Assess liabilities (both known and contingent).
  • If the Company has less than three months of cash, the Company should immediately evaluate whether it has the ability to raise additional financing.
  • Investigate and evaluate strategic alternatives to maximize value for all constituents.
  • Obtain information from management and outside professionals to evaluate alternatives.
  • Exercise care in approving transactions that leave the Company inadequately capitalized even if the Company is solvent.
  • Consider: 1) Initiating a “date certain” sale process; 2) Furloughing or terminating employees; and 3) Discontinuing payments to nonessential vendors.
  • Refrain from giving preference to one creditor class over another.
  • Scrutinize all insider transactions.

 Taxes and Insurance

  • Confirm that all tax obligations (franchise taxes, sales and use taxes, withholding taxes) have been paid and continue to be paid.
  • Confirm that all insurance policy premiums and renewals (including D&O policies) have been paid.
  • Review all healthcare insurance policies. Consider COBRA ramifications.

Employees

  • Consider vacation benefits and similar payment obligations (e.g., unpaid wages, unemployment, workers’ comp, and disability).
  • Comply with federal and state WARN Act requirements (if applicable, 60 days’ notice of termination or pay salary and benefits for any portion of notice not given).
  • Decide whether to terminate 401(k) plan. (Failure to terminate/wind up plan can expose directors and officers to additional liability.)
  • Refrain from paying bonuses or other unusual payments to executives, directors or officers.
  • Make arrangements with payroll service provider to issue W2s after tax year ends.

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Please join Steven Gerbman of Gerbsman Partners and Don Milddleberg for a webinar on “Maximizing Enterprise Value in Challenging Times”.  This is presented by Winston/Baker, “the leading entertainment finance conference producer in the world”.  You can register at https://www.crowdcast.io/e/crisis-management/register 

“Success is not final, failure is not fatal; it is the courage to continue that counts”.  — Winston Churchill

There has never been a more appropriate time to think of Sir Winston’s words. For our next webinar, we have invited Steven Gerbsman, a top crisis management advisor and Don Middleberg, one of the nation’s leading public relations executives to help corporate executives, business leaders, company stakeholders and investors develop and implement crisis management and communication plans. We have never seen a financial crisis where uncertainty is greater than it is now. Enterprises will take a major economic hit, but none of us know how large or when it will be, where it will hurt most, or how long it will last. That uncertainty is causing businesses to “freeze” their decision-making. “Freezing in place” will worsen financial and human outcomes and may even be fatal for some businesses. Through this webinar, our speakers will provide:

  • Executives insight on how to plan for worst case scenarios and take a closer look at contingent expenses, revenue prospects, liabilities, and lender issues.
  • Investors, board members, senior management and lenders strategies for developing a plan to maximize and monetize enterprise value for under-performing, under-capitalized and distressed companies.
  • Ways to communicate and navigate messaging across all channels.

Plans will change as new information emerges, but implementing a crisis and communications planning process immediately is vital, as it drives stakeholders to face hard realities and to take key actions early.

ABOUT OUR SPEAKERS:

Steven R. Gerbsman is an internationally recognized Crisis/Turnaround CEO/Restructuring Professional, Private Investment Banker and Angel Investor who has been involved in maximizing enterprise value, stakeholder and shareholder value in a broad variety of industries. He has worked with a wide spectrum of senior and junior lenders, bondholder groups, venture capital and private equity sources, private investors and institutional groups.

Mr. Gerbsman has over 50 years of senior management, marketing, sales and finance experience and has been involved in various business and investment ventures as an office, director, consultant and investor, both in the US and internationally. He has been in the business of maximizing enterprise value for highly leveraged, under-valued, under-performing and under-capitalized technology, digital marketing, life science, medical device, cyber security, fuel cell and solar energy companies and their Intellectual Property, as well as assisting technology, digital marketing, cyber security and medical device Intellectual Property companies with access to capital markets, strategic alliances, M&A, distribution of content and licensing.

To date, Mr. Gerbsman has been involved in over $2.3 billion of restructuring, financing and M&A transactions, terminating/restructuring in excess of $810 million of real estate, sub-debt and equipment lease executory contracts and since 2001, has maximized enterprise value for over 105 companies and their Intellectual Property. In 2000, he also began focusing on Israeli and European technology and life science companies, with the objective of providing access to the US capital markets and developing strategic alliances, M&A and licensing opportunities for them.

 

Don Middleberg is regarded as one of the nation’s leading public relations executives, renowned for developing some of the most creative and powerful communications programs for such companies as American Express, Consumer Reports, Gartner, IBM, Reuters, and United Airlines.

Middleberg and Associates, founded in 1989, was named “Best PR Agency of the Year” in 1999. In 2000, the company became Euro RSCG Middleberg when it was acquired by Euro RSCG, the communications division of Havas, the world’s sixth-largest communications group.

In 2009 Don Middleberg merged his second agency, Middleberg Communications, with Laundry Service, a digital marketing agency. Within six years the firm grew from 3 employees to over 600 in 4 countries and was named to Ad Age’s 10 Best Digital Agencies. In 2016 Middleberg sold this agency to Wasserman Group. Don is currently providing marketing communications consulting for several organizations in consumer technology and B2B.

A noted author and lecturer on public relations, Don, together with Professor Steve Ross of the Columbia University Graduate School of Journalism, co-authored the groundbreaking study, “The Media in Cyberspace.” Don is regularly called upon for commentary by numerous magazines and newspapers, and has appeared on CNBC, C/Net, CNN, and National Public Radio.

 

 

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STYLING IN PLACE

PRACTICAL FASHION
Since we will be encouraged to wear face masks to protect others for the months ahead, I want to help my clients treat this accessory as yet another form of self expression and self-care. Research indicates we will need as many as 7-14 washable masks a week depending on your outings. As retail continues to pivot, I have curated a collection to the fashion accessory of 2020. There are a variety of styles in terms of behind the ear, over the head, self-tie and then filter vs plain. Many are immediately available and others require more patience as vendors take pre-orders.

Feel free to forward this virtual closet to friends, family, and co-workers to encourage everyone to be safe and stylish.
Cheers,
Lauren

 

FACE MASKS

  • Lauren3 minutes ago

    Science backed mask by Ministry of Supply – filters can be part of their “kit”

  • Lauren26 minutes ago

    Denim

  • Lauren25 minutes ago

    Tie dye is a major 2020 trend

  • Lauren13 hours, 18 minutes ago

    Pre-order

  • Lauren13 hours, 20 minutes ago

    Assorted pack

  • Lauren13 hours, 57 minutes ago

    Alice + Olivia

  • Lauren14 hours, 1 minute ago

    Made from recycled shoe / purse dust covers

  • Lauren14 hours, 5 minutes ago

    Ear savers to help masks stay in place / comfort / tighten

  • Lauren14 hours, 7 minutes ago

    Bandana inspired/ option for filter

  • Lauren14 hours, 20 minutes ago

    Eugenia Kim designs

  • Lauren14 hours, 26 minutes ago

    Pack of 3 / filter can be inserted / straps around back of head

  • Lauren14 hours, 25 minutes ago

    Pack of 6 / filter can be inserted / ear straps

CATALOG FAQ

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