The Restructuring Creed: Grow, Adapt, Survive
In the coronavirus pandemic, many companies have seen their revenue streams vanish and their balance sheets implode. How can businesses survive in the brave new world of COVID-19? This is the question that Tony Alvarez III, European Practice Leader at Alvarez and Marsal LP, and James Rasteh, CIO and Founder of Coast Capital, seek to answer in their exploration into business restructuring. Alvarez and Rasteh explore how companies can adapt, survive, and undergo productive change. Alvarez shares a glimpse into the world of business restructuring few else can offer, as he tells Rasteh about the many times he and his firm have rescued companies from the brink of bankruptcy. Filmed on August 10, 2020.