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When German banking behemoth WestLB needed its people to agree on a strategic plan for developing human resources, it turned to mediator Alex Yaroslavsky and his New York City-based Yaro Group for guidance.
Using an innovative system that combines “brainstorming” software from GroupSystems with traditional arbitration, Yaroslavsky facilitated a collaboration involving about 20 participants. The group, ranging from an analyst to a managing director, achieved in 2 hours what might've taken 2 weeks of discussion and review using only traditional arbitration techniques.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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