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This episode is a replay of Episode 2 which originally aired on January 19, 2022. In this episode, we speak with James (“Jamie”) H. M. Sprayregen, partner at Kirkland & Ellis LLP and founder of the firm's powerhouse bankruptcy restructuring practice. Few know the story of how Jamie built the practice from humble beginnings starting in 1990. In a frank interview, Jamie describes the vision he had three decades ago, the challenges he encountered along the way, and the banner chapter 11 cases—Zenith Electronics, United Airlines—that he believes helped to shape the then-emerging brand of this premier practice. Jamie is partner in the Chicago and New York offices of Kirkland & Ellis. Under Jamie's leadership, the Restructuring Group has represented debtors and creditors in some of the most complex Chapter 11 filings in recent history, including Energy Future Holdings Corp., Seadrill Limited, Caesars Entertainment Operating Co. Inc, Toys “R” Us, Inc., Trans World Airlines, Inc., and Conseco, Inc. In October 2013, Jamie was inducted into the Turnaround Management Association (TMA) Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame. From 2013 to 2015, Jamie was appointed to serve a two year term as the President of INSOL International, the world's leading international insolvency association. Jamie is a Fellow in the American College of Bankruptcy. What We Discussed in This Episode: The circuitous, and serendipitous, route by which Jamie arrived as a junior associate at Kirkland in 1990 The transactional deal that Jamie believes put Kirkland's restructuring practice “on the map” That business plan that Jamie, while a senior associate, wrote that envisioned creating “the best bankruptcy practice in the world” How the various economic downturns during Jamie's tenure—including the 1989 real estate crash, the 1997-1998 Asian financial crisis, the 2000 dot com crash, the Global Financial Crisis, of 2007-2008 the COVID-19 recession—changed the practice of bankruptcy law Contact Information: James H.R. Sprayregen Justin Bernbrock This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Jeff and Max host this episode! Vito will be back next week!They discuss Mcmamey Manor and that legalized torture labeled as an "Extreme Haunted House"Social media being the downfall of society Dating culture and the concept of "Ghosting"Morals of generations passed being lost on todays youthNovember 6th with be the first episode of the new show "The Nights Watch", where Vito and Max join some new voices to watch a movie in theater and tear it apart afterword! More to come on The Nights Watch Soon!Support the show
We speak with James (“Jamie”) H. M. Sprayregen, partner at Kirkland & Ellis LLP and founder of the firm's powerhouse bankruptcy restructuring practice. Few know the story of how Jamie built the practice from humble beginnings starting in 1990. In a frank interview, Jamie describes the vision he had three decades ago, the challenges he encountered along the way, and the banner chapter 11 cases—Zenith Electronics, United Airlines—that he believes helped to shape the then-emerging brand of this premier practice. Jamie is partner in the Chicago and New York offices of Kirkland & Ellis. Under Jamie's leadership, the Restructuring Group has represented debtors and creditors in some of the most complex Chapter 11 filings in recent history, including Energy Future Holdings Corp., Seadrill Limited, Caesars Entertainment Operating Co. Inc, Toys “R” Us, Inc., Trans World Airlines, Inc., and Conseco, Inc. In October 2013, Jamie was inducted into the Turnaround Management Association (TMA) Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame. From 2013 to 2015, Jamie was appointed to serve a two year term as the President of INSOL International, the world's leading international insolvency association. Jamie is a Fellow in the American College of Bankruptcy. What We Discussed in This Episode: The circuitous, and serendipitous, route by which Jamie arrived as a junior associate at Kirkland in 1990 The transactional deal that Jamie believes put Kirkland's restructuring practice “on the map” That business plan that Jamie, while a senior associate, wrote that envisioned creating “the best bankruptcy practice in the world” How the various economic downturns during Jamie's tenure—including the 1989 real estate crash, the 1997-1998 Asian financial crisis, the 2000 dot com crash, the Global Financial Crisis, of 2007-2008 the COVID-19 recession—changed the practice of bankruptcy law Contact Information: James H.R. Sprayregen's bio
Todd Shapiro is president and CEO of the Illinois CPA Society, one of the largest state CPA societies in the nation, representing more than 22,600 accounting and finance professionals. Prior to joining the Society in 1998, he amassed 20 years of financial and managerial experience as director of finance for Unilever, a multinational consumer package goods company, as well as with Helene Curtis, Quaker Oats, Zenith Electronics, and Continental Bank. Shapiro is regularly recognized as a thought leader in the profession and has been named to Accounting Today's list of the Top 100 Most Influential People in accounting for six consecutive years. Decoding the Decline discusses the findings of the Illinois CPA Society's survey of accounting students and young professionals to help decode what's really behind the startling decline in CPA candidates and what we can do about it.
Todd Shapiro is president and CEO of the Illinois CPA Society, one of the largest state CPA societies in the nation, representing more than 22,600 accounting and finance professionals. Prior to joining the Society in 1998, he amassed 20 years of financial and managerial experience as director of finance for Unilever, a multinational consumer package goods company, as well as with Helene Curtis, Quaker Oats, Zenith Electronics, and Continental Bank. Shapiro is regularly recognized as a thought leader in the profession and has been named to Accounting Today's list of the Top 100 Most Influential People in accounting for six consecutive years. Decoding the Decline discusses the findings of the Illinois CPA Society's survey of accounting students and young professionals to help decode what's really behind the startling decline in CPA candidates and what we can do about it.
Our kids will outlive most of the companies we know today. What do these companies have in common?: American Motors, Brown Shoe, Studebaker, Collins Radio, Detroit Steel, Zenith Electronics, and National Sugar Refining. All of these companies were in the Fortune 500 in 1955, but not in 2015. How about Boeing, Campbell Soup, General Motors, Kellogg, Procter and Gamble, Deere, IBM and Whirlpool? See acast.com/privacy for privacy and opt-out information.
Fortune Magazine CEO Alan Murray joins Tim to tell the story behind the Fortune 500, its history, its significance today, and what it has said over the years about America's and the world's business evolution. https://traffic.libsyn.com/shapingopinion/Fortune_500_auphonic.mp3 Fortune Magazine was founded in 1929 by Henry Robinson Luce. If that date doesn't mean anything to you at first glance, keep in mind the stock market crash that led to the Great Depression happened on October 24, 1929. This was seven years after he had cofounded Time magazine with two Yale classmates. When Henry founded Fortune magazine, he said it should be for “wealthy and influential people,” and it should be “surpassingly beautiful” so that when readers turn the pages, they will pay more, and they did. In its first year, subscribers paid $10 per year for the magazine, an unheard of price at that time. In the process, Fortune Magazine featured the work of some of the country's greatest thinkers and writers, from Ernest Hemingway and Archibald MacLeish to John Kenneth Galbraith. The first Fortune 500 list was published in 1955. Edgar P. Smith was an assistant managing editor at the magazine. He's the one who came up with the idea for the now iconic list. In that fist year, the Fortune 500 rankings listed only companies that were in the manufacturing, mining and energy sectors. This made the list exclusive to several already well-known companies. General Motors was the top company on the list. Its annual revenues then were $9.8 billion. The Fortune 500 Yearly list of 500 of the largest U.S. Companies ranked by total revenues for the respective fiscal year. This list is compiled using the most recent figures for revenue and includes both private and public companies. Private companies must have publicly available revenue data. It excludes private companies that do not file financial statements with government agencies, foreign corporations, U.S. companies that have been consolidated by other companies, and companies that do not report full financial statements for at least three quarters of the current fiscal year. The History of the Fortune 500 52 of the original Fortune 500 are still on the list. These include: 3M, DowDupont, Merck, Abbott Laboratories, Eli Lily, Motorola, ExxonMobil, General Dynamics, General Electric, General Mills, General Motors, Goodyear, Hershey, IBM, Kellogg, Kraft-Heinz, Lockheed Martin, Cummins, Colgate-Palmolive, Coca-Cola, PepsiCo, Chevron, Caterpillar, Campbell Soup, Boeing, Whirlpool,, Rockwell Automation, Procter & Gamble, and PPG Industries. Over the years, more than 1,800 American companies have been featured on the Fortune 500. Changes have occurred – mergers, acquisitions, bankruptcies, changes in society, recession have all contributed to the changing list. The Fortune 500 is more than a ranking, it is a reflection of the performance and evolution of America's private sector. The biggest change to the list happened in 1994. That was when it added service companies for the first time. That year, service companies made up 291 of the 500 entries. What the Fortune 500 Says About Society Long Gone - 1955 – American Motors, Brown Shoe, Studebaker, Collins Radio, Detroit Steel, Zenith Electronics, National Sugar Refining. Still Here – Every year since 1955 – Boeing, IBM, Procter and Gamble, Whirlpool. In 2019 but not 1955 – Amazon, Facebook, eBay, Home Depot, Microsoft, Google, Netflix, Target. This year's top ten: Walmart Exxon Mobile Apple Berkshire Hathaway Amazon United Health Group McKesson CVS Health AT&T Amerisource Bergen Links The Fortune 500 Who Says Elephants Can't Dance?, by Louis Gerstner, Amazon Fact Sheet: What is the Fortune 500 List? , Investopedia About this Episode's Guest Alan Murray Alan Murray is President and CEO of Fortune. During his tenure as Editor-in-Chief,
Fortune Magazine CEO Alan Murray joins Tim to tell the story behind the Fortune 500, its history, its significance today, and what it has said over the years about America’s and the world’s business evolution. https://traffic.libsyn.com/shapingopinion/Fortune_500_auphonic.mp3 Fortune Magazine was founded in 1929 by Henry Robinson Luce. If that date doesn’t mean anything to you at first glance, keep in mind the stock market crash that led to the Great Depression happened on October 24, 1929. This was seven years after he had cofounded Time magazine with two Yale classmates. When Henry founded Fortune magazine, he said it should be for “wealthy and influential people,” and it should be “surpassingly beautiful” so that when readers turn the pages, they will pay more, and they did. In its first year, subscribers paid $10 per year for the magazine, an unheard of price at that time. In the process, Fortune Magazine featured the work of some of the country’s greatest thinkers and writers, from Ernest Hemingway and Archibald MacLeish to John Kenneth Galbraith. The first Fortune 500 list was published in 1955. Edgar P. Smith was an assistant managing editor at the magazine. He’s the one who came up with the idea for the now iconic list. In that fist year, the Fortune 500 rankings listed only companies that were in the manufacturing, mining and energy sectors. This made the list exclusive to several already well-known companies. General Motors was the top company on the list. Its annual revenues then were $9.8 billion. The Fortune 500 Yearly list of 500 of the largest U.S. Companies ranked by total revenues for the respective fiscal year. This list is compiled using the most recent figures for revenue and includes both private and public companies. Private companies must have publicly available revenue data. It excludes private companies that do not file financial statements with government agencies, foreign corporations, U.S. companies that have been consolidated by other companies, and companies that do not report full financial statements for at least three quarters of the current fiscal year. The History of the Fortune 500 52 of the original Fortune 500 are still on the list. These include: 3M, DowDupont, Merck, Abbott Laboratories, Eli Lily, Motorola, ExxonMobil, General Dynamics, General Electric, General Mills, General Motors, Goodyear, Hershey, IBM, Kellogg, Kraft-Heinz, Lockheed Martin, Cummins, Colgate-Palmolive, Coca-Cola, PepsiCo, Chevron, Caterpillar, Campbell Soup, Boeing, Whirlpool,, Rockwell Automation, Procter & Gamble, and PPG Industries. Over the years, more than 1,800 American companies have been featured on the Fortune 500. Changes have occurred – mergers, acquisitions, bankruptcies, changes in society, recession have all contributed to the changing list. The Fortune 500 is more than a ranking, it is a reflection of the performance and evolution of America’s private sector. The biggest change to the list happened in 1994. That was when it added service companies for the first time. That year, service companies made up 291 of the 500 entries. What the Fortune 500 Says About Society Long Gone - 1955 – American Motors, Brown Shoe, Studebaker, Collins Radio, Detroit Steel, Zenith Electronics, National Sugar Refining. Still Here – Every year since 1955 – Boeing, IBM, Procter and Gamble, Whirlpool. In 2019 but not 1955 – Amazon, Facebook, eBay, Home Depot, Microsoft, Google, Netflix, Target. This year’s top ten: Walmart Exxon Mobile Apple Berkshire Hathaway Amazon United Health Group McKesson CVS Health AT&T Amerisource Bergen Links The Fortune 500 Who Says Elephants Can’t Dance?, by Louis Gerstner, Amazon Fact Sheet: What is the Fortune 500 List? , Investopedia About this Episode's Guest Alan Murray Alan Murray is President and CEO of Fortune. During his tenure as Editor-in-Chief,
Martin Waggle, legal representative for Zenith Electronics, stops by the show to discuss how his client is in no way responsible for the mysterious deaths associated with the urban legend of a haunted VHS tape.
Martin Waggle, legal representative for Zenith Electronics, stops by the show to discuss how his client is in no way responsible for the mysterious deaths associated with the urban legend of a haunted VHS tape. Host: Adam Peacock Martin Waggle: Barry Hite www.twitter.com/barryhite Producers: Adam Peacock & Nate DuFort Editor: Nate DuFort Theme Music: Jesse Case http://www.iamjessecase.com Additional Music by: Dane Halvorson Logo by: Marc Nischan http://www.marcnischan.com Find guest Barry Hite on Twitter at www.twitter.com/barryhite You can support the show and earn yourself some great swag by heading over to our Patreon page at https://www.patreon.com/myneighborsaredead