The message from turnaround and restructuring leaders, Carlyn Taylor (FTI, US), Chris Laverty (Grant Thornton UK LLP) and Cos Borrelli (Kroll, Asia Pacific) is that advisory roles in restructuring have remained surprisingly limited across various jurisdictions, despite significant economic headwinds. In some jurisdictions though, that may soon change. US restructuring activity is picking up very slowly. Americans are experiencing the worst inflation in decades. However, the interest rate rises from the US Federal Reserve Bank…

Former McWilliams Wines CEO David Pitt was interviewed by KPMG partner and McWilliams Wines administrator Gayle Dickerson in a session entitled “Toasting a turnaround”. David recounted his leadership of an iconic Australian wine producer through a restructure and 16 month voluntary administration, bushfires, a global pandemic, Chinese tariffs and the ultimate sale of the business to two family businesses. He discussed the challenges that he faced as CEO, the opportunities that arose that he used…