In the latest episode of the TMA Chicago/Midwest Podcast, host and Katten Restructuring Partner Paul Musser sits down with Teneo Senior Managing Director Bernardo Silva, food and beverage industry lead within the company's Management Consulting team, for a candid look at the distress reshaping today's wine and spirits industry. From a non-traditional restructuring professional's perspective,…
In the latest episode of the TMA Chicago/Midwest Podcast, host and Katten Restructuring Partner Paul Musser sits down with Harold Israel and Jack O'Connor, partners in the Financial Services and Restructuring group at Levenfeld-Pearlstein, LLC. Together, they discuss the evolution of "bankruptcy" to "restructuring" law practices, the decision-making process for distressed companies facing the…
In the latest episode of the TMA Chicago/Midwest Podcast, host and Katten Restructuring Partner Paul Musser sits down with Novo Advisors Managing Partner and Founder Sandeep Gupta. They discuss Sandeep's "accidental" arrival into restructuring, his entrepreneurial mindset and its influence on his turnaround and restructuring work, the nuances of working with closely held, family-owned businesses…
In the latest episode of the TMA Chicago/Midwest Podcast, host and Katten Restructuring Partner Paul Musser sits down with HYPERAMS President Bob Pabst and Managing Director of Business Development Kat Parker to explore the world of liquidations and wind-downs. The conversation delves into each guest's career paths in the restructuring field, how to create liquidations that maximize asset…
In the first episode of the new year, the TMA Chicago/Midwest Podcast welcomed Sandy Prabhakar, the chapter's 2026 president and Managing Director at Armory Group. Sandy, who has over 20 years of experience advising clients on mergers and acquisitions, refinancings and restructurings, returned as the podcast's first two-time guest to discuss his path to leadership within TMA and the chapter's…
In this episode of the TMA Chicago/Midwest Podcast, Senior Managing Director-Business Advisor at Creative Planning Business Services, Tina Hughes, sitsdown with Paul Musser to discuss her journey in the restructuring field, the intricacies of receivership, the significance of the Illinois Receivership Act and her active involvement in the TMA. She talks with Paul about her central role in drafting…
In this episode of the TMA Chicago/Midwest Podcast, Managing Director and Head of Loan Administration at CIBC Bank USA Hugh Wilder sat down with host Paul Musser to discuss the intricacies of lender workouts and the importance of early intervention regarding distressed credits. Hugh shared his insights on the workout process at banks, current trends in refinancing and distressed mergers and…
In this episode of the Turnaround Management Association's (TMA) Chicago/Midwest podcast, Partner at Paladin Management Group Stefan Piotrowski sits down with host Paul Musser to discuss the importance of Chief Restructuring Officers (CROs) in distressed situations. Stefan delves into a CRO's need for effective communication with stakeholders during turnarounds to ensure success. He also compares…
In this episode of the TMA Chicago/Midwest podcast, Senior Managing Director at Development Specialists, Inc. (DSI) Steven Victor sits down with host Paul Musser to discuss the evolution of the restructuring industry over the span of Steven's career, the perception of bankruptcy as a rehabilitative process, and the role of assignments for the benefit of creditors (ABCs) as an alternative to…
In this episode of the TMA Chicago/Midwest podcast, Managing Partner and Founder of Ravinia Capital Tom Goldblatt sits down with host Paul Musser to discuss the intricacies of the role of investment bankers in navigating distressed sales and refinancing processes. Tom, among other things, shares insights on the importance of establishing a structured process and the strategic use of stalking horse…