The Turnaround Podcast with Stephen Phillips, Episode 9

In this episode of The Turnaround Podcast, Stephen Phillips speaks to Richard Heis, a Managing Partner at Interpath Advisory. Having been a well known figure on the restructuring and insolvency scene for the last 30 years, Richard is mainly known in the market for banking insolvencies going back to Barings Bank and more recently well known insolvencies as Dunfermline Building Society and MF Global.

Tune in to the episode for these key takeaways:

* Accidental Entry into the Profession: Richard Heis talks about entering the restructuring field by chance after a pivotal experience as an auditor at KPMG.

* Navigating High-Pressure Situations: Richard emphasizes making decisions with imperfect information in high-stakes situations, highlighting differing responses to pressure.

* Evolution of Insolvency Practices: Richard goes over how the field has evolved toward greater ethics and transparency, with technology accelerating banking crises.

* Experience with Iconic Insolvencies: He recalls landmark cases like the Barings Bank collapse, noting a shift to a more aggressive market approach.

* Career Pathways in Restructuring: Richard reflects on restructuring as a springboard for transitioning into senior management, hedge funds, or banks.

Learn more about Richard Heis:

* Connect with Richard Heis on Linkedin: https://www.linkedin.com/in/richard-heis-768678119

* Visit Interpath’s website: https://interpath.com/services/chief-restructuring-officer-services

***********************************

About The Turnaround Podcast:

In each episode of The Turnaround Podcast, Stephen Phillips speaks to experienced practitioners who discuss their careers, key moments, challenges, and lessons learned in financial turnarounds and business restructuring. Tune in as they unravel the secrets to turning struggling businesses into successful ones.

Watch more episodes of The Turnaround Podcast::

* FreiLibertas Law’s YouTube Channel: https://www.youtube.com/channel/UCWzwWr13TM2692SYEJc-U3g/

Connect and learn more from your host, Stephen Phillips:

* LinkedIn: https://www.linkedin.com/in/stephen-phillips-85034324/

* Website: https://www.freilibertas.com/founders-experience

The Turnaround Podcast with Stephen Phillips, Episode 8

In this episode of The Turnaround Podcast, Stephen Phillips speaks to James Hart, partner and co-founder of Hillmont Partners, a Ukrainian law firm. James heads the private client practice and co-heads the cross-border dispute resolution practice. His practice is focused on investment planning, asset structuring, acquisition, asset protection, cross-border transactional and litigation support. He focuses on special sets and the enforcement of creditor rights. James frequently advises foreign investors in the region.

Tune in to the episode to hear about:

* Overview of Ukraine’s Corporate Landscape — while the world’s eyes are on Ukraine’s resistance to the Russian invasion, its business industry is in need of investment to rebuild its economy

* James Hart’s Career Journey — James walks us through his beginnings at a bank, his start in a battle for control and the restructuring of a vodka business of a client, moving his focus to Ukraine and its neigbours co-founding Hillmont Partners, a Ukraine based law firm.

* Hillmont Partners' Services and Expertise — beginning as a pure litigation firm, they expanded quickly into areas of law and are now a full-service firm, handling transactional work, government consultancy, litigation, arbitration, and criminal litigation

* Ukrainian Litigation — how James and his team handle the challenges of litigation in Ukraine and the neighboring jurisdictions

* The Current State of Ukraine’s Legal System — James talks about his current case acting for investors battling for control of an Odessa grain terminal

* Restructuring and Settlement Milestones — we discuss the long running case we are working on together - Tristan Oil - one of the longest running international litigation battles spanning many different jurisdictions which is moving to a settlement

* Investment Opportunities in Ukraine — guidance on how to approach investing in areas of Ukraine that, despite the war, continues to thrive

Learn more about James Hart:

* Connect with James on LinkedIn: https://www.linkedin.com/in/james-hart-30487332

* Read James’ bio on Hillmont Partners’ website: https://hillmont.com/pr/commercial-litigation/james-hart

***********************************

About The Turnaround Podcast:

In each episode of The Turnaround Podcast, Stephen Phillips speaks to experienced practitioners who discuss their careers, key moments, challenges, and lessons learned in financial turnarounds and business restructuring. Tune in as they unravel the secrets to turning struggling businesses into successful ones.

Watch more episodes of The Turnaround Podcast:

* FreiLibertas Law’s YouTube Channel: https://www.youtube.com/channel/UCWzwWr13TM2692SYEJc-U3g/

Connect and learn more from your host, Stephen Phillips:

* LinkedIn: https://www.linkedin.com/in/stephen-phillips-85034324/

* Website: https://www.freilibertas.com/founders-experience

The Turnaround Podcast with Stephen Phillips, Episode 7

In this episode of The Turnaround Podcast, Stephen Phillips interviews John Roche, an experienced leader in restructuring advisory following his former career as a CEO of a drillships company and investment banker. John has overseen billion-dollar transactions and led major restructurings. John is Principal at Province, an industry-leading, nationally recognized consulting firm of senior business leaders specializing in financial advisory, corporate reorganization, and trustee-related services.

Tune in to the episode to hear about:

* Career Background: John Roche talks about the start of his career in investment banking at Morgan Stanley before joining Seadrill, a company heavily involved in offshore drilling.

* Financial Restructuring: In 2018, facing the need to insulate Seadrill Partners (SDLP) from its parent company's bankruptcy, Roche and his team successfully managed the company through a restructuring process.

* CEO Tenure and Second Restructuring: Roche goes over his journey of working with SDLP with a clear restructuring mandate.

* Lessons Learned: Roche emphasizes the importance of proactive preparation, independent board oversight, and securing legal counsel.

* Restructuring Advisory: Roche discusses his current role and outlook for restructuring in the current cycle in Europe

Learn more about John Roche:

* Connect with John on Linkedin: https://www.linkedin.com/in/john-roche-8608459

* Visit John Roche’s website: https://www.provincefirm.com/team/john-roche/

* Follow Province Firm on LinkedIn: https://www.linkedin.com/company/provincefirm/about

* Email: jroche@provincefirm.com

***********************************

About The Turnaround Podcast:

In each episode of The Turnaround Podcast, Stephen Phillips speaks to experienced practitioners who discuss their careers, key moments, challenges, and lessons learned in financial turnarounds and business restructuring. Tune in as they unravel the secrets to turning struggling businesses into successful ones.

Watch more episodes of The Turnaround Podcast:

* FreiLibertas Law’s YouTube Channel: https://www.youtube.com/channel/UCWzwWr13TM2692SYEJc-U3g

Connect and learn more from your host, Stephen Phillips:

* LinkedIn: https://www.linkedin.com/in/stephen-phillips-85034324/

* Website: https://www.freilibertas.com/founders-experience