Case Studies

Steel Fabricator

J.S. Held Acquires Clark Seif Clark, Strengthening West Coast Capabilities for Environmental Claims, Disputes, and Catastrophe Response

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The Situation

The Company was a steel fabricator located in Alabama. 

The Company was encountering a severe liquidity crisis and was forced to rapidly shut down its operations.

How We Advised

The secured creditor engaged our experts to manage the Company's asset liquidation. We re-employed certain employees to facilitate a build-out of certain of the Company’s inventories. Simultaneously, we aggressively collected the Company’s receivables, negotiated settlements with certain third parties, and sold the majority of its equipment. Upon completion of the liquidation, the aggregate proceeds and net recovery exceeded the secured lender’s original expectations.

Related Practice Areas

> Out-of-Court Wind-downs 
We deliver strategic guidance through the wind-down of business operations or underperforming assets, helping preserve value and reputation while avoiding the disruption, cost, and public scrutiny of formal bankruptcy. Our expert financial and operational advisors apply decades of experience providing exit solutions across a wide range of industries and complexities to deliver, and often execute, comprehensive solutions for distressed businesses. 

 

> Turnaround and Restructuring Services 
Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation. 

Key Contact

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