Client | Situation | Resolution |
---|---|---|
C2 Media, LLC |
C2 Media, a $80 million print media concern, filled for bankruptcy because of a failed “roll-up”. The Official Committee of Unsecured Creditors sought assistance to maximize returns. An ABS professional led a team which served as financial advisor. | An expert valuation report was submitted to support a fraudulent transfer claim against the senior secured lenders. The settlement increased the return to unsecured creditors by a large margin. |
Private Printing Company |
A family owned company was experiencing losses. An ABS professional was hired to perform an assessment and develop an improvement plan. | A review of the company’s products, pricing and operations was performed, leading to a strategic plan to reduce substantial down time and reduce the product offering. The company was stabilized, and a growth plan was established to achieve profitability. |