Perspectives.
Short pieces for boards, sponsors and counsel, written from the operating seat. One longer note each year on what we are seeing in distressed public companies.
September 2026. 3 minutes.
What a board actually needs in the first 30 days of a liquidity crisis
Not a strategy. Not a bank meeting. A cash view it can believe, a short list of levers with dates, and one person accountable for both.
August 2026. 3 minutes.
The compliance failures that show up in diligence
They are almost never the ones the company was worried about. A short list of what buyers, investors and exchanges actually find, and why the fix is documentary before it is technical.
July 2026. 3 minutes.
When to bring in an independent director, and when it is too late
The right time is before the board needs one. The signs that the moment has arrived, the signs that it has passed, and what the director should be able to do on day one.
If this is your situation, the next step is a conversation.
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