Hot Stuff at Hot Keys
Freeze panes
Alt+W+F+F
This is the phrase to denote payments made to creditors within 90 days of a filing (or 1 year for insiders)
Preference payments
Everyone knows Isaac Newton "discovered" gravity with a bump on the head from an apple, but consultants say he identified this moment as an easy early-on win before tackling his other inventions
Low hanging fruit
This client was named after a popular superbowl food
Project Wings
These tranches of balance sheet items dictate how operational timing effects liquidity
Working capital
Format paint
Alt+H+F+P
This is the type of financing that permits a debtor to obtain post-petition financing with superpriority status over existing claims
DIP (Debtor in Possession) Financing
With rising sea levels, successfully performing this task might be Manhattan’s most ambitious climate solution
Boiling the ocean
This client was named after Peyton Manning's favorite word
Project Omaha
These are some examples of "quick and easy" ways a company can increase liquidity / generate cash
Slowing disbursements, dialing for dollars, RIF's, deferring capex, repatriating foreign cash, etc.
Align center
Alt+H+A+C
This is the motion that allows a debtor to pay pre-petition claims of essential suppliers to preserve business continuity
Critical vendor motion
A newly hired consultant would do this on their first day at a client site, or as a child when the sink was too far away
Drinking from a firehose
This client was named after a college football team who's star QB stole crab legs from a Publix
Project Seminole
These are the core differences between a going concern valuation and a liquidation analysis valuation
Going concern valuation: uses typical valuation methodologies (DCF, public comparables, precent transactions, etc.)
Liquidiation analysis valuation: values the companies assets
Auto-fit row height
Alt+H+O+I
This is the function that immediately halts all collection actions, lawsuits, foreclosures, and creditor calls against the debtor upon a filing
Automatic stay
Recent FAA budget cuts may one day turn this consulting cliché into a genuinely concerning operating model
Building the plane while flying it
This client was named after a popular Bootcamp workout
Project Barry
This is what it means to "prime" another party
To supersede an existing claim / jump ahead in the payment waterfall (such as how a DIP lender "primes" other senior lenders)
Add/remove column
Ctrl+Shift++/-, Alt+H+I+C, or Alt+H+D+C
This is what gives sellers of goods an ability to demand return of recently delivered inventory (typically within 45 days of delivery) if a debtor was insolvent at the time of receipt
Reclamation rights
Who knew Joni Mitchell, of "Big Yellow Taxi," spent her post-grad years working in consulting to make this phrase famous?
Let's put that in the parking lot
This Greek mythological figure was condemned to hold up the celestial heavens (Bonus 100: Name the figure who condemned him, also project name)
Project Atlas, Bonus: Project Zeus
This is how you would tie-out, or reconcile, monthly business plan net working capital projections to a weekly cash flow forecast
Rolling forward the schedules (i.e. AR: beginning balance + sales - collections = ending balance)