About Michele Schechter

Michele has been a director with Financial Poise since 2012. View her LinkedIn profile here: https://www.linkedin.com/in/michele-schechter-46b9824a/

Articles by Michele Schechter

Stock Market Pundits & Economic Data: What Conclusions Can We Draw on the Distressed Asset Space?

February 25, 2021
/ Business Bankruptcy
/ By Michele Schechter

Tags: Asset Sale, Claims Trading, Insolvency, Recommended Reading,

What Distressed Asset Investors Can Glean from Low Interest Rates, Rising Asset Prices and Insolvency on the Horizon DailyDAC readers know that we try to confine ourselves to publishing “evergreen” thought leadership—general education for business owners and investors about business bankruptcy, its alternatives, and related subjects. There isn’t a stark line between the news of […]

From Penthouse to Ground Floor: The Penthouse Magazine Bankruptcy

January 20, 2021
/ Business Bankruptcy
/ By Michele Schechter

Tags: 363 Sale, Asset Sale, Priorities, Secured Claims,

Creative Destruction and an Inevitable Fall: What Can We Learn From the Penthouse Magazine Bankruptcy? Penthouse International, publisher of Penthouse Magazine, sold for $11.2 million in June of 2018. The company was worth about $700 million (adjusted for inflation) at its height. The latest Penthouse Magazine bankruptcy highlights just how far Penthouse has fallen, and […]