Archive for 'Industry Insights'
Hamernik Appointed Sole Manager.
Posted on23. Aug, 2010 by admin2.
8/13/2010    -  On July 23, 2010, Kevin Hamernik was appointed the sole manager of an Iowa manufacturing company. Later that day, the officers and all but two employees were terminated with the intentions of limiting unfunded expenses and preserving cash. Phones were maintained and orders were taken to preserve goodwill. Immediately, Hamernik began marketing the [...]
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HAMERNIK APPOINTED CHAPTER 11 U.S. TRUSTEE
Posted on04. Jun, 2010 by admin2.
       On May 25, 2010, Kevin J. Hamernik was appointed Chapter 11 U.S. Trustee by the United States Bankruptcy Court, Southern District of Indiana, Indianapolis Division, assuming management and control for a precision machine and manufacturing company with approximately 25 employees.Â
       Debtor, M & S, operates a custom machine shop which produces component parts for [...]
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“The Current State of Lending for Restructurings”, Panel Discussion at the Indianapolis Bar Association
Posted on08. Apr, 2010 by admin2.
Few lenders doing DIPs and restructurings was summarized at the panel discussion.
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Senate Successfully Passes 30-Day Extension of Recovery Act Provisions
Posted on03. Mar, 2010 by admin.
A brief update to our earlier posting regarding the SBA increased guaranty deadline of February 28.
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SBA Increased Guaranty Deadline
Posted on26. Feb, 2010 by admin.
Will Congress extend the SBA’s authority to offer a higher guaranty past the February 28, 2010 deadline? As the February 28 deadline for higher guaranty is quickly approaching, lenders and borrowers are anxiously waiting to learn whether Congress will extend the deadline.
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Cassidy Turley (fka Colliers Turley Martin Tucker) – The State of Real Estate ® Indianapolis 2010
Posted on09. Feb, 2010 by admin.
Several members of Hamernik LLC (Kevin Hamernik, Stefania Holland, and Brian Holtz) attended the annual event hosted by CTMT on Wednesday, January 20, 2010. The event was very popular, with attendees filling the majority of the Murat Theatre in downtown Indianapolis.
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Small Business Lending
Posted on03. Feb, 2010 by admin.
A CNN/Money Magazine article highlights evidence of some of the challenges currently facing smaller, privately-held companies in the financial markets.
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Welcome to our new Hamernik Headlines!
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SBA Increased Guaranty Deadline
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Senate Successfully Passes 30-Day Extension of Recovery Act Provisions
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Closing of New ABL Facility
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Successful Appeal for Trust Fund Tax Abatement
