ABS News2020-11-12T16:06:12-05:00
  • chief restructuring officer

Applied Business Strategy Retained as Chief Restructuring officer

January 20th, 2023|

Applied Business Strategy (“ABS”), retained as Chief Restructuring Officer in October 2021 for a large, privately held food contract manufacturer (“Company”) serving several large well-known consumer brands, such as Nestle and Hershey’s, is pleased to announce the successful restructuring of the Company.

In its role, ABS developed and implemented a comprehensive business model and turnaround plan focused on price increases, cost reduction and settlement of several large contingent obligations. The restructuring was completed without a bankruptcy

  • exworks, tom pratt applied business strategy

Tom Pratt Retained by ExWorks Capital LLC

December 20th, 2022|

Tom Pratt has been retained as an independent and sole Director of ExWorks Capital LLC. The engagement arose from a multi-million dollar alleged fraud perpetrated by the former management team.

Mr. Pratt provided guidance and counsel through the Chapter 11 process, including full testimony in Delaware Bankruptcy Court in support of the Debtors reorganization, which was promptly approved by the court.

Mr. Pratt was retained to serve as Liquidating Trustee for the trust, created as part of

  • Dean Vomero PEP Board of Directors | Applied Business Strategies Cleveland

Vomero Appointed to Board of Positive Education Program

July 15th, 2022|

Dean Vomero has been appointed to the Board of Directors of the Positive Education Program (“PEP”), one of Ohio’s largest non-profit agencies. PEP provides services – both direct and consultative in nature – for children with severe mental health and behavioral challenges, their families and the professionals who support them. PEP is committed to understanding and overcoming the significant trauma and chronic stress experience by many of the children served. Your donations to PEP are

  • Association of Insolvency & Restructuring Advisors, AIRA, Dean Vomero

Vomero Serving on AIRA Planning Committee

March 5th, 2022|

Congratulations to Dean Vomero who will serve for his second year on the Association for Insolvency and Restructuring Advisors 39th Annual Bankruptcy & Restructuring Conference planning committee. This year’s conference will be held June 4th through the 10th in Newport Beach, CA.

  • sporttechie applied business strategy sports business journal

Applied Business Strategy is Sporttechie, Inc Chief Restructuring Officer

November 12th, 2021|

Applied Business Strategy (ABS), engaged in August 2021, served as Chief Restructuring Officer for Sporttechie, Inc., a leading sports technology periodical and event company. ABS led a pre-packaged sale of the Company to Leaders Group, the parent company of the Sports Business Journal, through a Chapter V bankruptcy filing. ABS negotiated buyer provided debtor-in-possession financing, purchase agreement and developed a methodology for streamlined bidding procedures. The Company’s sale was completed, and plan confirmed, in a

  • Applied Business Strategy 2021 CLE Schedule

Sign Up for Complimentary Continuing Legal Education (“CLE”) Credits

October 28th, 2021|

Applied Business Strategy will be hosting three complimentary, virtual Continuing Legal Education (“CLE”) programs you don’t want to miss. In case you still need 2021 CLE credits.

Business Valuation Issues in Commercial Litigation
Thursday, November 18, 2021 – 12:00pm – 1:00pm ET
Issues of Valuation are becoming increasingly more important in commercial litigation cases. In this CLE, Dean Vomero, Managing Director with Applied Business Strategy and Laura Appleby, Partner with Faegre Drinker Biddle & Reath will discuss important