The Turnaround Podcast with Stephen Phillips, Episode 12

In this episode of The Turnaround Podcast, Stephen Phillips speaks with renowned economist Julian Jessop. Tune in as Julian shares his expert analysis on financial turnarounds, the global economy, Brexit, and more. He currently operates semi-independently, contributing to think tanks like the Institute of Economic Affairs and engaging in various pro bono efforts.

Key takeaways:

* Julian Jessop's Career Journey — starting by reading economics at Cambridge, followed by significant roles at HM Treasury, HSBC, and Capital Economics.

* Why remaining independent as an economist is crucial, allowing him to offer insights without being constrained by affiliations or offending clients

* Julian’s sobering analysis of the UK and European economies

* Julian’s take on concerns about inflation and the potential for deflation

* The costs and benefits of Brexit

* Assessment of global economic players — China’s economic slowdown and deflationary concerns and the United States’ coming tariffs and fiscal imbalances

* Opportunities in UK consumer-driven sectors and construction

Learn more about Julian Jessop:

* Connect with Julian on LinkedIn: https://www.linkedin.com/in/julian-jessop-030ba43

* Visit Julian’s website: https://julianhjessop.com

* Follow Julian on X: https://x.com/julianhjessop

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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 11

In this episode of The Turnaround Podcast, Stephen Phillips speaks with Saam Golshani, Partner in the EMEA Private Equity team of White & Case’s Global Mergers & Acquisitions practice.

Tune in to the episode to hear about:

- Saam’s career and the complexities of the French restructuring market

- The evolution of French restructuring laws, including the implementation of the EU directive in 2021, which introduced significant changes such as the cross-class cram down mechanism

- Notable case studies like Eurotunnel, Valourec, and a pioneering cross-class cram down deal, highlighting the challenges and successes in these high-profile restructurings

- The relative lack of impact of Brexit on UK-French legal collaboration within the restructuring and finance market

- The current restructuring market,and the future plus the importance of physical fitness to manage stress in the industry,

Learn more about Saam Golshani:

- Read Saam’s bio on White & Case’s website: https://www.whitecase.com/people/saam-golshani

- Connect with Saam on LinkedIn: https://www.linkedin.com/in/saam-golshani-60251b

- Email: saam.golshani@whitecase.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

The Turnaround Podcast with Stephen Phillips, Episode 10

In this episode of The Turnaround Podcast, Stephen Phillips speaks with Matthew Prest, Managing Director and Co-Head of Europe at Moelis & Company. With over 25 years of experience in financial restructuring, he advises companies and lenders on complex situations in Europe and Asia.

Tune in to the episode to hear about:

* Role of Financial Advisors: Matthew Prest likens financial advisors to firefighters, highlighting their key role in crisis management and stakeholder trust.

* Importance of Financial Modeling: Prest emphasizes the necessity of financial modeling for assessing liquidity and collaborating on cash flow forecasts.

* Management and Stakeholder Dynamics: Matthew stresses that restructuring success hinges on effective management taking ownership and adapting as needed.

* Navigating Stakeholder Perspectives: Matthew highlights the need for transparency and open communication to ease stakeholder anxiety during distress.

* Legal and Ethical Considerations: Prest notes that directors must prioritize creditors’ interests over shareholders’, requiring a mindset shift for management.

Learn more about Matthew Prest:

* Visit Moelis & Company’s website: https://www.moelis.com

* Follow Moelis & Company on Linkedin: https://www.linkedin.com/company/moelis-&-company

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

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