The Importance of Strategic Communications and Media Relations in High-Profile Restructurings

Session Description: 
In high profile restructurings, managing public perception and crafting a go-forward narrative matters. This session explores how strategic communications play a critical role in mitigating reputational damage and preserving brand and estate value throughout the restructuring process, including positioning the company for success upon emergence. We will explore the importance of: - Developing a comprehensive communication strategy to address various stakeholders (employees, partners, media, etc.) and preserve enterprise value - Being prepared to implement aspects of the strategy even before filing (given propensity for leaks) and during key moments of the process through emergence - Communicating effectively to promote business objectives, shape public perception, support legal strategies, and stabilize key stakeholder relationships - Proactively (and reactively) addressing misinformation, media inquiries and stakeholder concerns to protect the brand and franchise - Learning from real-world examples of communication efforts in major bankruptcies
Learning Outcomes: 
Participants will be able to understand: - The role strategic communications play in preserving value of the brand and business, including keeping internal and external parties apprised and on side - The importance of crafting clear, forthright, consistent and timely messaging - The ways in which strategic communications can significantly influence the outcome of a restructuring process
Target Audience: 
Debtor
Suggested Speakers: 
Paul
Caminiti
First Name: 
Paul
Last Name: 
Caminiti
Firm: 
Reevemark (Strategic Communications)