Retained as financial advisor for $200MM paper mill. Responsibilities included analysis of financial accounting, assistance with financial projections, negotiation with labor union, assistance with bankruptcy filing and ongoing bankruptcy reporting and support.
Retained by a private fund for due diligence purposes in the acquisition of a paper mill in Northern Maine.
Retained by local counsel to prepare valuation analysis associated with the Great Northern Paper Chapter 11 bankruptcy.
New London, NH
Performed a collateral audit on a $17MM saw mill and lumber yard with LOC exposure of $2MM.
Retained by $4MM distributor subsequent to the death of the owner/CEO to provide transition to a permanent President. Highlights of this engagement included stabilization of the employee work force, management of various in-process disputes, and leading the search for the permanent management team.
Retained by unsecured creditors to analyze bankruptcy plans. Court appointed trustee to pursue claims against insiders and preference actions for post-bankruptcy sawmill operation, construction materials provider and manufacturer as well as distribute assets.
Performed a collateral audit on a $40MM lumber distributor with LOC exposure of $5.5MM. Retained by the secured creditor for eleven engagements.
Performed a collateral audit on a $60MM lumber and building supply distributor with LOC exposure of $7MM.
Performed a collateral audit on an $80MM paper mill with LOC exposure of $4.8MM. Retained by the secure creditor for four engagements.
Performed a collateral audit on a $20MM hardware and lumber retailer with LOC exposure of $4.5MM. Engagement included review of internal controls, inventory counts, Accounts Receivable assessment.