Supported a 363 sale process and structured/monitored the sale of residual assets including a long-term consignment inventory program. Negotiated a sharing agreement with the creditors’ committee.
Assessed and identified flaws in the company’s restructuring proposal and liquidity assumptions, and developed alternative restructuring scenarios.
Developed enhanced cash flow forecasting tools and identified bottlenecks in billing processes and system integration issues emanating from recent acquisitions, resulting in improved liquidity.
Assessed short-term and long-term business prospects and strategic alternatives available to the senior lenders following a significant downturn.