Today is Fat Tuesday!

Get some doughnuts, or celebrate at one of these Philadelphia locations. 

Will your startup continue to grow?
 
There is no single way to define a startup business, and no agreement on when the startup modifier can be dropped. There are even more reasons for new businesses to falter, including these 10 ways healthcare startups fail.

Asterion consultants have worked with many types of startup companies. Contact us if you need assistance with a new venture. 

Bankruptcies continue to make headlines. Don’t let your company be one of them.

Perhaps we’re in a split-screen economy. The stock market remains high (at least until yesterday), while significant bankruptcies are filed on a nearly daily basis. Newspaper publisher McClatchy filed for bankruptcy recently, but the proceedings may be slowed by objections filed by the Pension Benefit Guarantee Corporation. Brandless, a Soft Bank-backed company that aimed to disrupt retailing, is closing. The most valuable asset that remains in the company behind Movie Pass is a business started in 1989, Moviefone. Meanwhile, Sears continues to struggle after emerging from Chapter 11.

Asterion’s consultants have decades of bankruptcy experience. Whether you are a debtor or a credit, contact Asterion if you need assistance.  

FYI

Americans don’t want to provide access to their healthcare records unless the price is right. (If everyone was paid for their data, perhaps a couple million fewer people would have to resort to crowdfunding to pay medical expenses.)

Trends We’re Watching

The future of malls and retail

Mall operator Simon Properties is buying up a rival, Taubman, while also taking a stake in Forever 21, the bankrupt retailer, in a complex ownership arrangement. 

On the Lighter Side

This Philadelphia juror’s eating guide works well for anyone connected with the courts; or try one of these best places for soup in Philadelphia, even if the weather hasn’t been that cold.

Meanwhile, Amsterdam, NY is taking on a murder of crows.

 What Doesn’t Surprise Us At All

The Deepwater Horizon spill was worse than originally reported. (Some of us have fished in the Gulf of Mexico before and after the spill, and have seen the impact firsthand.)


The Thread Recommends:Visiting the Allentown Museum to see a newly discovered Rembrandt.

  Spotlight on Forensic Bankruptcy
Asterion, Inc. has extensive experience providing consulting services to parties in interest in bankruptcy proceedings.



February 25, 2020