Articles

American Apparel’s Uncertain Future

American Apparel Inc., a clothing manufacturer, distributor and retailer based in Los Angeles, has been in the news recently as controversy surrounds their founder and former CEO, Dov Charney.  Charney was ousted by the company’s board in June after being accused of misusing corporate funds and for “his role in disseminating nude photos of an ex-employee.” The removal of Charney triggered an “event of default” under the company’s credit agreement with investment firm, Lion Capital, whereby Lion Capital had the right to call in the loan if Charney was removed.

22 years of disruptive technology

15 leading web sites that have created and disrupted business.  What does the future hold?

Five steps to help reduce fraud in not-for-profit organizations

When many people think about fraud, their thoughts usually turn to banks, investment firms and large businesses. But don't be fooled. Not-for-profit organizations – including many charities, colleges, religious entities and trade groups – are often easy targets for sophisticated fraud schemes.

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Why Business Owners Need Boards by Michael Jacobs

The old adage ”it’s lonely at the top” applies nowhere better than to running a private company. Whether it is a family-­‐‑owned business or one lead by a single entrepreneur, private-­‐‑ company CEOs make decisions on a daily basis about disciplines they have no background in without the wisdom of others who have been down the same road. 

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