IUP alumni James
Leda ’95, finance and accounting, and Michael Talarico ’89, accounting,
presented the basics of bankruptcy to Mukesh Chaudhry’s afternoon finance
class on Monday, October 20 in the Eberly College of Business and Information
discussed topics that included the key players in bankruptcy, key foundations and
aspects, key metrics that investors and advisors use while moving toward
distress, game plans and decision making, and much more. The class also participated in an interactive
problem solving scenario and a mock bankruptcy situation.
more than 17 years of experience dealing with distressed and high yield
investments. He is a managing director in the Debt Restructuring Group at PPM
America, Inc. and is responsible for managing the firm’s distressed
provided financial advisory services to various parties in connection with
distressed and underperforming companies for over 20 years. Currently, he is a managing
director in FTI Consulting’s Corporate Finance practice in Pittsburgh.
attendance was Ibrahim Affaneh, chairperson of Finance and Legal
Studies, and IUP Finance and Legal Studies professors Robert Boldin and
Martha Troxell. Leda was a former student of Troxell.
Eberly College of Business and Information Technology