Already under considerable pressure to survive, colleges and universities now face a significant challenge as they try to operate in the face of a global pandemic. Even before COVID-19, smaller colleges, in particular, were struggling to survive, and many won’t.
In this new environment, institutions of higher learning will need to focus on cash flow, deal with lost on-campus revenue due to remote learning and make hard decisions about repurposing facilities and assets as they continue to service their debt loads.
These and other related topics were discussed on a panel that A&M Managing Director Rob Hershan participated in at the annual 2020 Turnaround Management Association’s TMA Impact event, hosted virtually this year before a global audience.
Watch the video above to hear Rob's full presentation.
The Turnaround Tightrope: Insights From The 2025 Annual Turnaround Survey
October 23, 2025
Discover the latest trends shaping the turnaround profession and Australia’s broader economy in A&M's 2025 Annual Turnaround Survey in partnership with the TMA.
Turnaround Industry Survey: Signs of Recovery Overshadowed by Persistent Business Struggles
October 20, 2025
SYDNEY, 20 October 2025 – Global professional services firm Alvarez & Marsal (A&M) in collaboration with the Turnaround Management Association (TMA) Australia, has released its annual Turnaround Survey, revealing a complex and challenging landscape for Australian businesses. While cautious optimism is emerging, the survey underscores that the road to recovery is fraught with significant challenges, with many sectors still grappling with the lingering effects of economic turbulence.
Alvarez & Marsal Webinar: European Restructuring and Corporate Distress in 2025
October 7, 2025
Alvarez & Marsal’s Restructuring team hosted a webinar, where we presented findings from our latest EMEA A&M Distress Alert and discussed the key developments in the distressed and restructuring market in 2025.
A&M Recognized for Two 2025 TMA Turnaround and Transaction of the Year Awards
September 26, 2025
Alvarez & Marsal is recognized by the Turnaround Management Association with two Turnaround and Transaction of the Year Awards.