Trade Credit Insurance- Best Practice and Lessons from the Crisis This new article by Igor Zax covers reasons for use of credit insurance, it’s role in transferring risk, outsourcing credit process and building financing solutions, advantages and pitfalls of using credit insurance, and the effects of the financial crisis for corporate use of credit insurance.
Published in GT News – publication of AFP (Association of Financial Professionals). Reprinted with permission.
Igor Zax, founder and MD of Tenzor Ltd., will be speaking at a major conference,
European Investment in Distressed Debt Forum, 26 – 27 October, 2010 at Le Meridian Piccadilly, London, organised by IQPC. The presentation would be part of the panel “Corporate Turnaround And Stakeholder Management Strategies” that would also include Michael Langdon from Rutland Partners and Warwick Ley from Endless LLP.
“Igor Zax is a regular speaker in my course on Mergers and Other Corporate Reorganisations at the London Business School. Through years of experience on corporate restructuring, Igor has developed a deep understanding of how to turn around businesses. Igor’s approach is truly holistic combining multidisciplinary insights from economics, finance, strategy and operation management. With these skills and experience, Igor is a valuable asset in dealing with any turn-around situations as the complexity of these situations benefits from a multidisciplinary approach: financial restructuring needs always to be combined with creative and sound operational decisions. Paolo Volpin (Associate Professor of Finance, London Business School.”
posted with kind permission from professor Paolo Volpin
Igor Zax, founder of Tenzor Ltd, was presenting again at LBS (London Business School) with a guest lecture Distressed M&A –Supply Chains and Working Capital Solutions? , as part of a course “Mergers, MBOs and Other Corporate Reorganisations” 22 April 2010.
The lecture addresses strategies distressed mergers and acquisitions, core principles for turnarounds, effect of supply chains, role of ABL (asset backed lending), working capital management, distribution structures and vertical integration.
Corporate Turnaround- looking beyond just banks and the debtor
Presentation By Igor Zax on a conference on Corporate Financial Restructuring in Russia & CIS conference, Moscow, December 1-2 2009
Working Capital – Seeing a Broader Picture The article by Igor Zax, adresses working capital management within changing economic and industry environment, its links to business strategy, supply chain, distribution and industry models.
Published in Global Treasury Briefing and GT News – publications of AFP (Association of Financial Professionals). Reprinted with permission.
Igor Zax, founder and MD Tenzor Ltd., will be presenting at a major conference, Corporate Financial Restructuring in Russia & CIS, 1-2 December 2009, organised by C5.
Current outline of the topics for the presentation:
Corporate Turnaround- looking beyond just banks and the creditor.
-Company’s “ecosystem” – how does supply chain affect company’s chances of recovery. Working capital problems, role of suppliers, distribution, credit insurers and asset backed lenders-their interests and possible actions.
-Changing the model- what can turnaround manager do and what support he/she needs to seek? How can creditors help turnaround manager to help them?
-Investor’s view- where is the exit?
mind-the-chain-lessons-for-firms-in-distressed-markets
The article shows how understanding of supply chain and industry models can open new opportunities for turnaround and private equity in general
Reprinted with permission from Private Equity News
restructuring-the-survivors-as-economy-melts-pe-news-may-2009
Roundtable moderated by Private Equity News editor James Mawson on corporate restructuring, covering current state and issues in distressed PE investments.
Participants:
Dell Huse, Endless
Richard Jones, Punter Southall
Paul Dacuss, Sun European Partners
Michael Langon, Ruthland Partners
Reprinted with Permission from Private Equity News
This article by Igor Zax, currently Managing Director of Tenzor Ltd. was first published in Issue 2, Volume 6 of International Corporate Rescue journal and is reprinted with permission of Chase Cambria Publishing – www.chasecambria.com