The need for good corporate governance at privately owned companies is critical. Given the growing importance of private companies to the global economy and the ever changing legal landscape affecting such companies, the need for privately held companies to have good governance guided by an independent Board of Directors is essential. Public companies have been […]
About Chris Picone
Chris Picone is a legal, financial and operating professional with significant experience in all phases of financial restructurings, operations, turnaround situations, bankruptcy, litigation support matters, real estate development, construction, and asset management. His legal and business career encompasses over 30 years of representing companies and other business ventures in all aspects of corporate operations, as well as serving in various senior executive management positions in the real estate and general contracting industries.
Mr. Picone started his career with a Chicago law firm where he focused his legal practice in the areas of Real Estate, Federal Income Tax and Corporate Transactions. Following a decade of private law practice, Mr. Picone moved to the corporate sector serving as President, Chief Operating Officer and General Counsel for several large Chicago based real estate and general contracting firms. He was also a principal with a Chicago based real estate development firm that acted as the successful “stalking horse” bidder for a 210 unit residential real estate development project in Southwestern, Michigan. He has served as COO/General Counsel of one of the nation’s largest privately held real estate brokerage firms and as President of a Chicago based general contracting firm specializing in retail and office construction, as well.
A frequent author and lecturer on various business topics, Mr. Picone most recently was a contributing author to the Merrill DataSite and The M&A Advisor’s new publication, “Best Practices of The Best Dealmakers.”
Mr. Picone earned his Juris Doctor (with Distinction) from the John Marshall Law School, Chicago, Illinois. He also holds an LLM (Taxation) from DePaul University of Chicago and earned his Bachelor in Business Administration from Loyola University of Chicago. Mr. Picone is a member of the Turnaround Management Association (“TMA”) and the American Bankruptcy Institute (“ABI”).
Entries by Chris Picone
(Oakbrook Terrace, Illinois)- Picone Advisory Group has successfully negotiated and closed on the sale of the Queen of Peace High School property located at 7659 Linder Avenue, Burbank, Illinois (the “Property”). The approximately 13 acre campus had been owned by the Sinsinawa Dominican Sisters since 1962. The Property was sold to A.E.R.O. Special Education Cooperative […]
BURBANK, IL.—The A.E.R.O. Special Education Cooperative (A.E.R.O.) and The Queen of Peace Board of Directors, Sinsinawa Dominican Sponsors Council, and Corporate Members of Queen of Peace, Inc., have reached an agreement in principle for A.E.R.O. to acquire the former Queen of Peace High School campus located at 7659 South Linder Ave., Burbank, IL. The negotiated […]
Pulte Homes honors Picone Advisory Group client, The Institute of the Blessed Virgin Mary (“IBVM”) with a plaque at the Loretto Club memorializing 70 years of IBVM religious service at the Wheaton campus. The Loretto Club campus was purchased by Pulte Homes and is now being developed into a subdivision of 50 new homes. […]
(Oakbrook Terrace, Illinois)—Christopher L. Picone, President and General Counsel of Picone Advisory Group, LLC is pleased to announce the sale of Sea Launch, SA (“Sea Launch”) to CJSC S7 Group (“S7”), Russia’s largest private aviation holding company. Sea Launch has been a long standing client of Picone Advisory Group and Chris Picone also serves as […]
Picone Advisory Group, LLC is proud to announce that our client and author Kurt Johnson has won the 2017 Moonbeam Silver Award for Best First Book. Entries for this award are submitted from the United States, Canada and six international countries. The science fiction fantasy novel, Raystar of Terra: Peace. Love. Family. War, was originally […]
Company’s Astrocast Constellation Will Leverage 64 Nanosatellites in Low Earth Orbit to Drive Efficiencies Across Numerous Key Industries Worldwide Lausanne, Switzerland (August 8, 2017) – ELSE SA, the Swiss new space start-up, today announced the funding of a $3 million seed round. The successful capital raise was enabled by a group of investors including Airbus […]
(Oakbrook Terrace, Illinois)—Christopher L. Picone, owner and president of Picone Advisory Group, has been named to the advisory board for K8 Ventures, LLC. Based in Chicago, K8 Ventures invests in early-stage companies that address the human condition. The consulting firm delivers capabilities across key business functional areas that accelerate growth by reducing time-to-market and improving […]
In the race to recruit millennials to our companies, we often overlook older baby boomers who are readily available for employment and provide some important skills and character traits that millennials do not have. There is a large pool of unemployed or underemployed baby boomers that were displaced by the last recession. As the economy […]
Many times we receive calls from business owners/CEO’s that their companies are in serious financial distress and they are unable to pay their bills when they are due and/or unable to make the next payroll. When this occurs, we often wonder why they waited so long to get help. Serious financial problems rarely occur overnight […]
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