Hostmann News
8 in this section |
North Pacific may liquidate remaining assets |
| In a report filed Monday in U.S. District Court in Portland, Edward Hostmann, the court-appointed receiver put in control of the struggling Tualatin-based building products company, said he might liquidate what remains of North Pacific's network of building products distribution centers.
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Receiver appointed for $1B North Pacific Group Inc. |
| The North Pacific Group Inc., Oregon's third-largest private company, has been taken over by a court-appointed receiver after what appears to be at least three failed attempts to sell the company. U.S. District Court Judge Anna J. Brown on Wednesday appointed Edward Hostmann Inc., a Lake Oswego-based financial advisory and crisis management firm, to take control of the company.
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Mind & Money... Sharing the Turnaround Stage |
| Turnaround situations involve a complex interplay of heart, mind, and pocketbook. Lenders need to be continually aware that all three factors are forever present and interlocked within their loan portfolios. Download PDF |
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FCC Approves Comcast Merger |
| WASHINGTON - The $29.2 billion merger of Comcast and AT&T Broadband was approved by federal regulators Wednesday, clearing the way for creation of the nation's largest cable television company.
Read all about it at: http://www.bayarea.com/mld/me |
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Workout Teams Gird for Boom Year in '03 |
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After nearly abandoning its loan workout group in the heady days of the late 1990s, Cleveland's National City Corp. has resurrected the group to prepare for an onslaught of corporate debt refinancing in the coming year.
National City is certainly |
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Business Booms for Turnaround Expert |
| WALNUT CREEK, Calif. _ Turnaround expert A. Larry Lindsey was trying to reach the CEO of an embattled company, a CEO with his name plastered across the pages of the local newspaper, a crop of angry investors, and an encircling phalanx of bureaucratic |
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Restructuring Officers Respond to Corporate Distress Call |
| Move over, CEOs and CFOs.
CROs -- or chief restructuring officers -- are the new heroes of corporate America.
As chief executives and chief financial officers face disgrace and jail time over accounting irregularities and fraud, CROs are taking cha |
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