Gemcraft Homes files for Chapt. 11 bankruptcy protection Nov 13, 2009
In the bankruptcy court filing, Gemcraft seeks the court s permission to hire FTI Consulting Inc., whose corporate headquarters is in Baltimore, to advise Gemcraft on its bankruptcy reorganization. Most Read Stories. (Baltimore Business Journal, MD)
Defaults as Prepackaged Bankruptcies Signal New Normal for U.S. Bondholder Nov 12, 2009
In this economic melee, if they didnt get proactive and didnt have sufficient and appropriate information, committees do run the risk of being directed by what a debtor wants as opposed to what they should be getting out of the company, said , a senior managing director at FTI Consulting in New York who specializes in restructurings. The unemployment rate rose to 10. (Bloomberg)
FTI taps Goldman to buyback shares Nov 10, 2009
FTI Consulting taps Goldman Sachs to buyback $250M in stock - Baltimore Business Journal ... FTI Consulting taps Goldman Sachs to buyback $250M in stock. (Baltimore Business Journal, MD)
Film-maker bids for 'Terminator' Nov 4, 2009
FTI Consulting, which is managing the auction, told CNN that major , independent producers and investment funds are all following the sale ... Even I know that's an awful idea," he says. But under his direction, "the movies will stop getting less cool," Whedon writes. Kevin Shultz, senior managing director at FTI Consulting who is leading the deal, told CNN that he was not aware of any serious proposal made by Whedon. Whether a $10,000 bid would be even considered in an auction expected to fetch... (CNN -- International)
FTI Consulting hires 20 in Boston Nov 3, 2009
for free extra services. Monday, November 2, 2009, 2:47pm EST. (Baltimore Business Journal, MD)
* CIT files for Chapter 11 in New York Nov 3, 2009
It has retained Evercore Partners and FTI Consulting as its financial advisers and Skadden, Arps, Slate, Meagher LLP as legal counsel in connection with the restructuring plan and Chapter 11 cases. This story has been viewed 284 times. (Taipei Times, Taiwan -- World)
CIT files for bankruptcy protection, debt US$65bil Nov 2, 2009
The company has retained Evercore Partners and FTI Consulting as its financial advisers and Skadden, Arps, Slate, Meagher LLP as legal counsel in connection with the restructuring plan and Chapter 11 cases. Houlihan Lokey Howard Capital Inc. serves as financial adviser, and Paul, Weiss, Rifkind, Wharton son LLP serves as legal counsel to the bondholders' committee. (The Star Online, Malaysia -- Business)
Canwest Wins Judge's Approval to Move National Post Assets, Save Newspaper Oct 31, 2009
David Byers, a lawyer for FTI Consulting Inc., the court- appointed monitor overseeing Canwests restructuring, said moving the assets is the only option because no one is interested in buying the newspaper. Pepall granted the order from the bench and said she would provide her reasons next week. (Bloomberg -- Canada)
CanWest Didn't Properly Finance Buyout of Newspapers, Black Says From Jail Oct 8, 2009
FTI Consulting Canada Inc., the court-appointed monitor in Canada for the companys bankruptcy, obtained a temporary restraining order in the U.S. court to protect Canwest Television LP, CanWest said yesterday in a statement. The television unit is expected to operate without interruption during restructuring, CanWest said in the statement. (Bloomberg -- Canada)
Monitor Commences Chapter 15 Cases in the United States On Behalf of Canwest Oct 8, 2009
WINNIPEG--(BUSINESS WIRE)--Canwest Global Communications Corp. (Canwest or the Company) announced that FTI Consulting Canada Inc. ("FTI"), the Court-appointed Monitor (the Monitor) in the proceedings commenced yesterday by the Company and certain of its subsidiaries under Canadas Companies Creditors Arrangement Act (the CCAA), sought protection yesterday in the United States Bankruptcy Court for the Southern District of New York (the United States Bankruptcy... (Yahoo! Wire -- Entertainment News)
Bondholders committee, board OK CIT restructuring Oct 3, 2009
Evercore Partners, Morgan Stanley and FTI Consulting are CIT's financial advisers and Skadden, Arps, Slate, Meagher LLP and Sullivan ell LLP are legal counsel in connection with the restructuring plan. Houlihan Lokey Howard Capital Inc. serves as financial adviser, and Paul, Weiss, Rifkind, Wharton son LLP serves as legal counsel to the steering committee of CIT's bondholders. (Madison Daily Leader, SD)
Most fund managers say financial crisis not over Sep 15, 2009
This is according to a new global survey recently conducted by FTI Consulting, Inc., the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value. The survey of more than 153 leading institutional investors revealed that. (Business Report, South Africa)
FTI Consulting makes Fortune list Aug 18, 2009
FTI Consulting makes Fortune fast-growing list - Baltimore Business Journal ... FTI Consulting makes Fortune fast-growing list. (Baltimore Business Journal, MD)
Receiver in Stanford case wants $27 million Aug 15, 2009
9 million in fees and expenses for the advisory firm FTI Consulting, and about $8 ... The agency complained that Janvey is employing too many high-priced lawyers, including nine partners at Baker Botts and six financial consultants from FTI Consulting who were charging at least $500 an hour. (MSNBC -- Business)
FTI Consulting reports Q2 earnings up 7% Aug 5, 2009
FTI Consulting reports Q2 earnings up 7 ... Our results were driven by the strength of our restructuring activities, higher activity in fraud investigations and regulated industries and increasing momentum in strategic M&A in certain of our practices, FTI Consulting President and CEO Jack Dunn said in a news release ... FTI Consulting expects 2009 revenue between $1. (South Florida Business Journal, FL)
Nasdaq, S&P 500 Close Above Key Levels Aug 5, 2009
Earnings Tuesday: American Medical (), American Public Education (), Archer Daniels Midland (), Cameron International (), Cognizant Technology Solutions (), CVS Caremark (), Emergency Medical Services (), FTI Consulting (), Grand Canyon Education (), Iconix Brand Group (), Inergy (), Intercontinental Exchange (), Kraft Foods (), Marvel Entertainment (), Pegasystems (), Tessera Technology (), True Religion (), Valeant Pharmaceuticals (). Reports on personal income, spending and pending home sales... (Investors Business Daily)
Presentation timer prompts Ohio office evacuation Jul 30, 2009
FTI Consulting, Inc. Announces Appointment of Senior Managing Directors Sanjeev Khemlani and James Vallerie to Its Corporate Finance/Restructuring Segment. FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced the appointments of two senior managing directors to its Corporate Finance/Restructuring segment; Sanjeev Khemlani and James Vallerie. (Fresno Bee)
Loose Threads Hang Up Brit Firm's Hartmarx Buyout Jul 29, 2009
Two key Hartmarx advisers -- FTI Consulting and the law firm Skadden Arps -- have maintained that it's typical for the buyer to foot the bill for such fees, sources said. Emerisque, meanwhile, counters that the fees would effectively raise the purchase price above what was agreed upon, according to a source close to the situation. (New York Post -- Business)
Markets Don't Buy Retail Data May 14, 2009
"Consumers still haven't decided to start spending money and the economy is still in a funk," said Bob Duffy of FTI Consulting. "People are trying to deleverage themselves.". (New York Post -- Business)
Susan Davis International signs lease at 1101 K St. NW May 6, 2009
The Davis Carter Scott-designed building, with a granite, marble and pre-cast facade, is also home to FTI Consulting and Brasserie Beck on the first floor. Cassidy & Pinkard Colliers Phillip Thomas, Richard Tonner, and Kerri Mulligan Salih represented the building s owner, Chevy Chase-based JBG Cos. (Washington Business Journal, DC)
AND PERKS, TOO: Non-pay perks abound May 2, 2009
FTI Consulting advises companies on bankruptcy and restructuring issues. In a footnote, the company says that it has paid a $1. (USA Today -- Money)
Indexes Shake Two-Day Flu May 1, 2009
FTI Consulting () gapped up and jumped 9% in about double its average trade. The company reported Q1 earnings and sales above views. (Investors Business Daily)
'Chaos and inertia' drive FTI 1Q revenue Apr 30, 2009
Economic 'chaos and inertia' drive higher FTI Consulting sales, profit - Baltimore Business Journal ... Economic 'chaos and inertia' drive higher FTI Consulting sales, profit. (Baltimore Business Journal, MD)
Stocks Retreat Again In Lower Volume Apr 30, 2009
Earnings due: Aetna (), ArcelorMittal (), Burger King (), Citrix Systems (), Express Scripts (), FTI Consulting (), General Dynamics (), MedAssets (), Medco Health Solutions (), Moody's (), O'Reilly Automotive (), SAP () and Visa (). 4:15 p.m. Update: Indexes Seesaw To Lower Close. (Investors Business Daily)
I'm in Washington state and Broadstripe has terrible quality of picture and... Apr 7, 2009
According to the filing, Broadstripe named FTI Consulting senior managing director Stephen Dub as its chief restructuring officer to help with the turnaround. In a posted on the companys Web site, Prilick said the company filed for Chapter 11 protection to strengthen its balance sheet and to restructure its financial obligations. (Multichannel News)
1101 K St. snags $100.5M in financing Mar 24, 2009
The companies did not disclose the occupancy rate of the building; tenants include FTI Consulting and the D.C. Bar Association. Reader Comments. (Washington Business Journal, DC)
Two-time Olympic gold medalist wins top prize Mar 22, 2009
The riders were competing in the FTI Consulting Finale Grand Prix, the last major event in this year's FTI Winter Equestrian Festival, and the winner of the evening's event took home $120,000. At the end of the day it was McLain Ward, a two-time U.S. Olympic gold medalist, who took the top prize. (The Palm Beach Post)
Double whammy for 333 W. Wacker Mar 20, 2009
FTI Consulting Inc. leased 91,265 square feet at Franklin Center, a two-tower complex at 227 W. Monroe St. and 222 W. Adams St., according to a news release issued by an Australian investment fund managed by New York-based Tishman Speyer Properties Ltd.. FTI, whose consultants are best known for providing expert trial testimony, plans to consolidate offices at 333 W. Wacker and 33 N. LaSalle St., sources say. (Crain's Chicago Business)
FTI Consulting shares up on Q4 earnings Mar 3, 2009
for free extra services. Subscribe to Baltimore Business Journal. (Baltimore Business Journal, MD)
Jailed Billionaires Become New Face of China as Markets Worldwide Unravel Feb 25, 2009
The word we are hearing from Beijing is that even if they take out the individual, the company will be allowed to survive, says , CEO of International Risk Ltd., a Hong Kong-based unit of FTI Consulting Inc. of West Palm Beach, Florida. The outlook for Huang himself is bleaker. (Bloomberg)
E-Discovery Thrives in Tough Times Feb 8, 2009
FTI Consulting (NYSE: FCN) said its Ringtail Legal solution has gotten a big boost, thanks to the acquisition of Attenex's visual analysis and rapid review capabilities. Recommind tightened the ties between its Decisiv Email categorization product and offerings from Interwoven and Open Text (NASDAQ: OTEX). (EnterpriseStorageForum)
