Based on live webinar held June 16, 2020 during the AIRA AC Virtual Series.
The last 15 years have seen an incredible expansion in the franchise space due to a multitude of factors. As a result, there has been an expansion of the need for experienced turnaround and restructuring professionals in this space. This program discusses the current status of the space as it relates to litigation, bankruptcy, sales, turnarounds, and lending. Specifically, it explores the complex nature of a distressed situation that involves a powerful party getting a seat at the negotiating table - the franchisor.
After completing this program, participants will be able to:
Brandon Karpeles, CIRA (Managed Assets Professional, Wintrust)—Brandon Karpeles is a managed assets professional at Wintrust Financial Corporation. He has been with the organization for 14 years and has spent 11 of those in managed assets. He graduated from Indiana University in 2006 with a Business degree in both Law and Entrepreneurship. He obtained his CIRA in 2018 and has been involved with the AIRA since then. He has done hundreds of workouts over most all asset classes and has been involved in countless out of court restructurings and liquidations, bankruptcies, and alternative financing scenarios.
Jonathan Tibus (Managing Director, Alvarez & Marsal)—Jonathan Tibus is a Managing Director with Alvarez & Marsal who specializes in developing, evaluating, and implementing performance improvement and restructuring plans for underperforming companies, largely in the restaurant, retail and hospitality sectors. He has over 20 years of experience in interim management and financial advisory roles and has managed numerous in-court and out-of-court restructuring efforts.
Jeffrey Wegner (Kutak Rock)—Jeffrey works with clients in the Midwest and throughout the country. He has appeared in business bankruptcy cases in more than 40 jurisdictions on behalf of the firm’s clients. Jeffrey has worked with members of the firm’s bankruptcy group to build a national bankruptcy practice capable of serving the firm’s clients through its strategically located 18 offices. As a result, he has built deep relationships with banks and institutional lenders, REIT’s, special servicers and lessors that have needs for bankruptcy representation throughout the United States. Jeffrey has unique experience and expertise in representing lenders to franchise businesses, REIT landlords, and agricultural lenders.
|CPE Credit||Recommended, 1 CPE Credit hour(s), field of study—Specialized Knowledge - Technical;|
|Knowledge level||Basic—Most beneficial to CPAs and other financial advisors new to a skill or attribute, including individuals at staff or entry level in an organization as well as seasoned professionals who desire increased knowledge in the subject matter.|
|Additional Info||Online registration and payment of fee will allow materials to sent to the participant’s email address and the participant must submit request for CPE credit after completing the requirements (instructions enclosed with materials). Presenters’ PowerPoint slides for reference are included with materials. If unable to register online, participants may call AIRA’s office at (541) 858-1665 to order.|
Requests for refunds must be received within 10 days after receipt of course subject to a $25 cancellation fee and return of all materials in good condition.
For assistance regarding refunds, program cancellations, or other program related matters, please contact our offices at (541) 858-1665 or by email firstname.lastname@example.org.
"Association of Insolvency and Restructuring Advisors" is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.