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Brook Taube Weighs In: Tech Industry Braces for Layoffs but Are They Needed?

This year has been devastating for employees in the tech industry, which has seen over 790 instances of layoffs in little over 4 months. ....

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Medley Creditors Want To File Ch. 11 Plan Of Their Own


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Medley Creditors Want To File Ch. 11 Plan Of Their Own
Law360 (July 2, 2021, 9:01 PM EDT) Medley LLC s unsecured creditors have asked a Delaware bankruptcy court for permission to replace the asset management company s unconfirmable Chapter 11 plan with their own wind-down vision in order to stave off an insider s purported bid to wrest control of the company s insolvency.
In a motion filed Thursday, a committee of unsecured creditors expressed fears that Medley parent Medley Management Inc. and principals Brook Taube and Seth Taube are trying to place the Chapter 11 case under the control of an insider entity, Medley Capital, for their own benefit. The committee s motion seeks to terminate the period in which only Medley LLC,. ....

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Medley Announces Key Executive Promotions


Medley Announces Key Executive Promotions
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NEW YORK, April 16, 2021 /PRNewswire/  Medley Management Inc. (the Company ), (NYSE: MDLY) announced today the promotions of Howard Liao to Chief Executive Officer ( CEO ), Dean Crowe to President and David Richards to Chief Operating Officer effective May 3, 2021.  Howard Liao succeeds co-CEOs Brook Taube and Seth Taube each of whom will remain co-Chairman and continue to support the existing management team and provide strategic guidance.
On behalf of our Board of Directors, we are pleased to announce these well-deserved promotions of our existing management team,  said Brook Taube. Howard, Dean and Dave are proven and respected executives who I am confident will lead Medley to great success in the years to come. ....

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