Simple Name, Simple Solution: What is an ABC?
Problems Solved
What happens after the dream fades away? Audiences devoured The Dropout, the Hulu streaming series about the rise and fall of the infamous health technology company Theranos. What happened after it all collapsed? In this case, like many other failed tech start-ups, the answer is liquidation via assignment for the benefit of creditors, or ABCs. We sit down to talk details with Steve O’Neill, who boasts 35 years of legal experience in resolving distressed financial situations, including Theranos. He explains what an ABC is, why it’s a good option for the tech community, and reasons this form...
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B Sides 2021
Problems Solved
Haven’t had a chance to check out Problems Solved this year? This is the episode you’ve been waiting for! We’ve picked unpublished highlights from our episodes this year to give you cherry-picked advice and insight. Listen in to hear commentary on investing wisdom, cryptocurrency, making that first hire, and more.
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Nailing the Pitch
Problems Solved
What does it take to be a self-starter? In this episode of Problems Solved, we talk with Jeremiah Foster, Zachary Baker and Vinamra Kumar about crucial skills and concepts for any entrepreneur. Listen in to hear discussions on identifying patterns in the market, selling your story, market research, and much more!
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The Journey to the Turnaround Industry
Problems Solved
What makes a good turnaround consultant? In this episode of Problems Solved, we talk with two experts about their journey to this space and what it takes to be successful in the turnaround industry. We also talk about the connection to economic distress and some disrupted industries to keep an eye on as we enter Q4 2021.
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A Lender’s Worst Nightmare
Problems Solved
It’s an unfortunate situation that’s far from hypothetical – a borrower has defaulted on their loan covenants. What goes on in the mind of a lender when this happens? We go behind the curtains with Eric Anderes of Proactive Consulting and Jerry Foster of Resolute to see what distress looks like on the other side, bankruptcy vs. receivership, how SAGs are comprised on a local level, and much more!
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When a Bookkeeper Becomes a Forensic Accountant
Problems Solved
Forensic accounting sounds daunting – but what does that process really entail? On this episode of Problems Solved, we take a behind-the-scenes look with a real forensic accountant! Listen in to learn about the methods behind financial investigations and steps you can take with your own bookkeeping to avoid problems down the line.
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The Bernie Madoff of Scottsdale
Problems Solved
On this episode of Problems Solved, our host Connor O’Gorman chats with Nicole Manos and Jessie Sheehan about a landmark fraud investigation case they worked on together. Learn more about what it’s like to uncover a Ponzi scheme – and why more fraud cases could be on the horizon.
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Diamonds in the Rough
Problems Solved
Over a decade ago, the U.S. faced the worst economic crisis since the Great Depression. In light of the current economic challenges, we talk to the founders of Resolute, who began their company in the shadow of the Great Recession. Learn more about their unique journey to the turnaround space, and their business advice for middle market companies amidst the current market instability.
info_outlineWhat happens after the dream fades away? Audiences devoured The Dropout, the Hulu streaming series about the rise and fall of the infamous health technology company Theranos. What happened after it all collapsed? In this case, like many other failed tech start-ups, the answer is liquidation via assignment for the benefit of creditors, or ABCs.
We sit down to talk details with Steve O’Neill, who boasts 35 years of legal experience in resolving distressed financial situations, including Theranos. He explains what an ABC is, why it’s a good option for the tech community, and reasons this form of liquidation can be an ideal solution.
You can learn more at resolutecommercial.com/abc