Forefront | Blog
Stormy Forecast
We have just finished hosting our 4th Annual Middle Market Forum which was attended in Troy and Grand Rapids by bankers, advisors, attorneys, and business owners. Special thanks to our partners President Pretty and Dr. Tim Nash from Northwood University… Continue Reading
The Emergency Manager Law
The Emergency Manager law doesn’t need revamping. What needs to happen at the State level is to appoint Emergency Managers that actually have training and experience in crisis management. The Turnaround Management Association provides the training and testing to determine… Continue Reading
The Art of the Deal
Barney Frank once said, “the public hates Banks and because legislators hangout with bankers they hate politicians too”. The difference between lenders and borrowers perspectives of each other often leads to irreconcilable differences. Borrowers on one hand believe lenders are… Continue Reading
A Decade of Results
Every year we pick a few deals to be judged for our transactional excellence by our peers against our competition. For the tenth consecutive year we have been recognized as the top financial advisory firm for transactions in the merger… Continue Reading
What is Your Number?
How often do you access Zillow to check up on the value of your house? How often do you log in to your investment advisor’s website to check up on the value of your 401k plan? I am guessing you… Continue Reading
A Lesson In Business Ethics from a Convicted Felon
I recently attended a presentation by Andrew Fastow held by the Birmingham Bloomfield Chamber of Commerce. Andrew Fastow, the former Chief Financial Officer at Enron who pleaded guilty to two counts of conspiracy, forfeited nearly $24 million, and spent more… Continue Reading
Yes. Communication Is Important!
A litigator can hire a skilled economic damages’ expert, but if that expert cannot concisely convey complex, financial topics in a succinct fashion to a judge or jury, then the litigator may win on liability for the client but may… Continue Reading
Fraud in the Family
The family owned business has an unusual set of relationship issues. Multiple generations work side by side. Separation of work and family roles, although desired, is almost impossible. Fraud is never a welcome issue – if it involves a family… Continue Reading
The Importance of Strong Customer Due Diligence in Distressed Investing
For a Buyer, it cannot be emphasized enough that strong due diligence is critical. The current M&A market has been described as extremely active and flush with available cash, but, there is no reason to overpay for a business. Thorough… Continue Reading
Succession Planning for the “Family Business”
In the last month or so, I have been involved with multiple clients who have been impacted by both poor and successful succession planning. Planning for the future is not always a welcome subject, because it often means the Patriarch… Continue Reading