by Controllers Council | Apr 13, 2022 | Crisis Management, Economics/Economy, Insurance, Sponsor News
Business insolvency is on the rise, enhancing the threat that some of your current clients could declare bankruptcy this year. In fact, in 2020, business failures are set to rise for the fourth consecutive year. Under Chapter 11 bankruptcy, a company can reorganize...
by Controllers Council | Feb 20, 2021 | Crisis Management
Naval formations are interesting things. Each vessel, be it a destroyer, battleship, cruiser, aircraft carrier, or submarine plays a role in keeping the other protected. Aircraft carriers, despite being among the most valuable for their larger role, are often the...
by Controllers Council | Aug 3, 2020 | Crisis Management, Economics/Economy
Bankruptcy always feels like one of those much maligned terms for businesses—but just over a decade ago, Chapter 11 protection was quite common. However, as we continue to live in lockdowns, the reality of the matter is that you may want to keep your options open. The...
by Controllers Council | Jul 28, 2020 | COVID-19, Crisis Management
Every decade presents us with at least one significant crisis. Whether that’s an internal crisis, industry crisis, or global crisis, you can rest assured that as soon as the pandemic is a memory, the clock starts ticking as we approach a different one. Lessons...
by Controllers Council | Jun 22, 2020 | Crisis Management, Trends
As the economy remains in a constant state of tumult, it’s hard to know if things are heading up, down, or sideways. While some may be confident, others are not so much, meaning that many controllers may have to make tough decisions to keep the business running even...
by Controllers Council | Jun 18, 2020 | Crisis Management, Economics/Economy
The past few months have been a bit tumultuous for businesses. Money is tight, and creditors might be getting impatient. Now, you may be asking yourself, “How are we supposed to pay our creditors when the governor refuses to let us or the people we sell to operate?”...
