『Reviving Giants』のカバーアート

Reviving Giants

Reviving Giants

著者： Reviving Giants
無料で聴く

What does it take to rescue a company from the brink of collapse? In Reviving Giants, veteran turnaround expert Drew Mcmanigle takes you behind the closed doors of boardrooms and courtrooms to find out.© 2025 All rights reserved. "Reviving Giants" podcast, content, title, and logo owned by Macco. Unauthorized use prohibited. Contact: rg@speakerboxmedia.com. Respect our creativity. マネジメント マネジメント・リーダーシップ 個人ファイナンス 経済学
エピソード
  • Inside Canada's Biggest Bankruptcies with Restructuring Lawyer Robert Thornton

    Inside Canada's Biggest Bankruptcies with Restructuring Lawyer Robert Thornton
    2026/10/01
    In this episode of Reviving Giants, host Drew McManigle sits down with Robert “Bob” Thornton, founding partner of Thornton Grout Finnigan LLP (TGP) and one of Canada's most respected restructuring lawyers. Bob reflects on his unexpected path into insolvency law, the thinking behind building his firm, and some of the landmark cases that shaped his career and Canadian restructuring law. He also explains how Canada's approach to restructuring differs from the U.S. system and shares his perspective on where the profession is headed in an era of rapid disruption and AI. Throughout the conversation, Bob makes the case that creativity, sound judgment, and a steady hand under pressure matter as much as legal expertise. He also provides a thoughtful look at how restructuring is about leadership in times of crisis, as well as saving companies. 🎧 Episode Highlights [12:18] Chapter 11 vs. CCAA: Rules versus judicial power [15:01] Post-Purdue: Why Canada is a restructuring destination [21:45] The Tobacco Case: Canada's most complex restructuring ever [23:50] The fee debate and the TGF guarantee [39:50] Restructuring's Future: Disruption, AI, and real-time litigation 🔑 Key Takeaways: •Many clients don't know what their true problem is, so good restructuring starts with diagnosis. In the Coopers & Lybrand case, the realization that they'd lost 200 straight motions made the solution obvious: move the case to a different forum. •Canadian judges can make "any order they think appropriate," which gives the CCAA a flexibility that Chapter 11 lacks. This allows solutions unavailable in the U.S., including third-party releases that were ruled out after Purdue. •Creativity is one of the most valuable skills in restructuring, especially when there's no playbook to follow. The best outcomes often come from counsel willing to set new precedents rather than simply follow existing ones. •When professional fees approach a company's actual value, the restructuring process itself starts to break down. Fee models built around delivering value, like TGF's guarantee, offer a practical alternative. •Thornton expects technological change and AI to create more distress and compress timelines. That will make restructuring professionals, who are already trained to solve complex problems in real time, more essential than ever. 🎙️ About the Guest Robert Thornton, Founding Partner, Thornton Grout Finnigan LLP Robert "Bob" Thornton is a founding partner of TGF, a Toronto firm specializing in commercial litigation, insolvency, and restructuring. He is widely recognized as a leading figure in Canadian insolvency law and regularly leads the firm's most complex and high-stakes mandates. Chambers Canada highlights his work on major restructurings on behalf of corporations, monitors, and creditors. His recognitions include being named Insolvency Litigator of the Year at the 2025 Benchmark Litigation Canada Awards and a Global Elite Thought Leader in Restructuring & Insolvency by Who's Who Legal in 2021. He has also served as President of the Insolvency Institute of Canada. Stay Connected: •MACCO.group •www.tgf.ca Produced by Speakerbox Media
    続きを読む 一部表示
    49 分
  • Crisis Communications 101: The Real Cost of Staying Silent

    Crisis Communications 101: The Real Cost of Staying Silent
    2026/09/03
    Reviving Giants kicks off Season 2 with Ben Rosner, senior advisor at MACCO and founder of Anabasis Partners. This conversation on crisis communications delves into why the decisions companies make in the first hours of a crisis can shape their fate for years. Drew McManigle and Ben trace Ben's unique path from diplomacy to the Israeli military to corporate crisis advising, and what that journey taught him about communicating under pressure. The conversation moves from the anatomy of an effective crisis "war room," to why silence is read as an admission of guilt in the social media era, to real cases — a distressed Midwest hospital, the Activision Blizzard fallout — that show what's at stake when companies get the narrative wrong. 🎧 Episode Highlights ● [00:01:00] Ben's background: growing up on a Kibbutz in Israel, not speaking English until age 8, and a childhood surrounded by diplomats. ● [00:02:45] The blocked-number phone call that led to Ben joining the IDF Spokesperson's Unit — and eventually advising the Chief of the General Staff. ● [00:05:26] The biggest mistake companies make in a crisis: there's no real infrastructure in place to make fast, coordinated decisions. ● [00:06:14] Anatomy of an effective "war room" — roughly six people, including the CEO, COO or chief of staff, internal and external legal counsel, and dedicated crisis communications counsel. ● [00:08:47] The WARN notice: why every stakeholder needs a message built for them specifically. ● [00:11:00] Why the traditional news cycle no longer exists, and the Reuters Institute stat that 54% of Americans now get their news from social media. ● [00:13:00] The rise of anonymous finance meme accounts like Litquidity, and how they've flipped the power dynamic between traditional and social media. ● [00:16:00] A leadership story: preparing General Herzi Halevi to brief 20 European ambassadors, and the moment that reframed how Ben saw communication at the highest levels. ● [00:20:00] Why silence is increasingly read by the public as an admission of guilt — and the legal reasoning that sometimes drives companies to go quiet anyway. ● [00:26:00] The Activision Blizzard cautionary tale: winning every legal battle, losing $8 billion in value and the company's independence. 🔑 Key Takeaways ● Silence creates a vacuum, and someone else — employees, competitors, or the press — will fill it with their own narrative. In a crisis, not communicating can be a costly strategy. ● Winning in court doesn't guarantee survival. Companies can win every legal battle and still lose their reputation, their workforce, and ultimately their independence — the Activision Blizzard example shows how fast that can happen. ● Crisis response needs dedicated infrastructure before crisis hits. A small, standing "war room" of business decision-makers, internal and external legal counsel, and experienced crisis communications counsel. 🎙️ About the Guest Ben Rosner, Senior Advisor, MACCO / Founder, Anabasis Partners Ben Rosner advises CEOs and boards on communication as it relates to crises, restructuring, and litigation. His background spans corporate, military, and diplomatic communications. He studied at Columbia University, represented Israel at the UN Security Council, and served as a policy advisor and speechwriter in the Israeli Ministry of Foreign Affairs before moving into corporate communications at FGS Global, one of the top crisis and financial communications firms in the world. He later joined the IDF Spokesperson's Unit, eventually advising senior generals across the Navy, Intelligence, and Air Force, including the Chief of the General Staff. Today, through Anabasis Partners and as a senior advisor at MACCO, he helps companies navigate high-stakes moments where reputation and enterprise value are on the line. Stay Connected ● MACCO.group ● anabasispartners.com Produced by Speakerbox Media.
    続きを読む 一部表示
    31 分
  • Why Liability Maneuvers Fail: Judge Kaplan on Spirit Airlines, Rite Aid, and Overleveraged Giants

    Why Liability Maneuvers Fail: Judge Kaplan on Spirit Airlines, Rite Aid, and Overleveraged Giants
    2026/05/07
    In this episode, we sit down with Hon. Michael B. Kaplan of the District of New Jersey to go inside the rarely seen world of bankruptcy from the judge’s chair. Drawing on years of overseeing high-profile Chapter 11s and small consumer cases, Judge Kaplan talks through what actually happens in those “first day” hearings, why so many liability management deals and quick restructurings fall short, and how often operational problems get ignored in favor of balance-sheet fixes. The conversation explores the human side of the work: what it’s like to carry the weight of decisions that affect jobs, communities, and families, and the tension between what feels fair and what the Bankruptcy Code demands. Judge Kaplan also reflects on how the practice has evolved with private equity, private credit, rising fees, and faster timelines, and what those shifts mean for the future of Chapter 11. 🎧 Episode Highlights [03:02]: The high stakes of decisions that reshape lives and companies [05:08]: “How can I help?:” as his courtroom philosophy [08:55]: Why liability management deals often fail struggling companies [13:40]: The human toll of foreclosures, evictions, and underwater homes [17:33]: How Chapter 11 shifted from reorganization to runway extension 🔑 Key Takeaways: ● Bankruptcy, in Judge Kaplan’s view, is fundamentally a problem‑solving arena rather than a ritual of failure. He emphasizes that judges sit at the crossroads of law, business, and human impact, making rapid decisions that can determine whether companies survive, liquidate, or quietly wind down. The stakes are measured not only in dollars, but in jobs, homes, and entire communities that live with the consequences of each ruling. ● Many high-profile restructurings fail because they treat Chapter 11 as a way to “extend the runway” instead of fixing the underlying business. Judge Kaplan sees too many liability management exercises and quick, milestone-driven cases that focus on capital structures and buzzword excuses—COVID, interest rates, tariffs—while ignoring core operational issues like broken business models, footprints, labor costs, and management failures. Without confronting those realities, he argues, even the most sophisticated financial engineering simply delays an inevitable collapse. ● Great outcomes in bankruptcy depend on the quality and mindset of the professionals in the room. Judge Kaplan looks for counsel, CROs, and advisors who truly understand the business, manage client expectations, listen to the court’s questions, and can translate complex financial and operational stories into clear evidence. Reputation, preparation, and candor matter: the best practitioners help the judge make informed decisions, while recognizing that the law, not personal preference, ultimately constrains what “fair” can look like in any given case. 👤 Guest Spotlight: Hon. Michael B. Kaplan Hon. Michael B. Kaplan is a United States Bankruptcy Judge for the District of New Jersey and a former chief judge of the court, with decades of experience deciding some of the nation’s most complex restructurings and liquidations. Before taking the bench, he served as a practitioner and Chapter 7 and 13 trustee, giving him a ground-level view of both business reorganizations and consumer financial distress. Known for his practical, problem‑solving approach, Judge Kaplan has presided over high-profile Chapter 11 cases while remaining deeply attuned to the human impact of foreclosures, evictions, and failed turnarounds on ordinary people. Stay Connected: ● ⁠https://www.macco.group⁠ ● ⁠https://www.linkedin.com/in/drewmcmanigle⁠ ● ⁠https://www.njb.uscourts.gov/content/honorable-michael-b-kaplan⁠ Produced by Speakerbox Media.
    続きを読む 一部表示
    47 分
adbl_web_anon_alc_button_suppression_t1
まだレビューはありません