Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA Committee of Retirees formed in conjunction with the bankruptcy of a Steel Forging Plant.
The retirees had a significant interest in the bankruptcy because of their retirement benefits fund. With little knowledge of the proceedings, the committee decided that they wanted their own expert to assess the situation.
Our experts were engaged by the committee to assess the situation regarding the bankruptcy and then acted as a general advisor regarding the structure of the retirees’ benefits upon emergence of the Company from bankruptcy. In its role of advisor, we negotiated with the debtor, the secured and unsecured creditors, and the anticipated new ownership in an effort to maximize the amount of benefits that would be made available to the Committee’s constituents as the Company emerged from the bankruptcy proceedings. Through these negotiations, we were able to secure for the Committee’s constituents significantly greater benefits than what had been projected to be available prior to the engagement of our team.
Brian F. Gleason, CTP
Senior Managing Director
Strategic Advisory Practice
+1 610 659 8118
[email protected]
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