Case Studies
Construction & Real Estate
Cost Reductions Allow Recapitalization
Transportation & Logistics
Chapter 11 Used to Downsize Company
Retail
Retailer Turned Around
Restaurants, Hospitality & Leisure
Patient Turnaround Improves Value for All Stakeholders
Consumer Products & Services
Improving Value So Shareholders Can Exit With 4x Value
Metals & Plastics
Creating Cash Out of Excess Working Capital
Technology, Media & Telecom
Using Chapter 11 For An Operational Turnaround
Automotive & Industrial
Planned Liquidation Converts to Highly Profitable Turnaround
Distribution
Liquidating a Company Whose Time Had Passed
Energy/Oil & Gas
Independent Party Renegotiates Contracts to Stabilize Company
Energy/Oil & Gas
Stabilizing a Company After Large Commodity Margin Call
Aerospace & Defense
Helping Owner Salvage Value After Industry Collapse
Automotive & Industrial
Long Term Liquidation Where Everyone Wins
Consumer Products & Services
Turnaround Salvages Value for Owners
Construction & Real Estate
MorrisAnderson Eliminated Loan Over-Advance so Company can Grow Again
MorrisAnderson Trustee Success Yields 100% Creditor Recoveries
Metals & Plastics
MorrisAnderson Turnaround Enables Sale Funding Owner’s Retirement
Metals & Plastics
Triage After a Failed Acquisition
Metals & Plastics
MorrisAnderson Financially Stabilizing a Multi-plant Roll-Up
Agribusiness & FoodDistribution
Management Decides to Implement Turnaround Plan by Itself and Fails
Business Services
MorrisAnderson Turnaround of a Graphic Arts Business
Technology, Media & Telecom
MorrisAnderson Debt Restructuring Provides 100% Loan Recovery
Restaurants, Hospitality & Leisure
Downsizing Good in the Neighborhood Improves Sale Values
Restaurants, Hospitality & Leisure
MorrisAnderson Identifying $4 million of Annual Savings Opportunities
Consumer Products & Services
MorrisAnderson Interim Management Bridges Company to 363 Sale
Retail
MorrisAnderson Interim Management and Turnaround Leads to Debt Restructuring
Distribution
Wind Down of An Apparel Wholesaler
Distribution
Wind Down of a Distributor with Two Foreign Operations
Agribusiness & Food
Lender Exits Grain Farmer Loan for Expected Value
Construction & Real Estate
Financial Assistance for a Successful Plan of Reorganization
Transportation & Logistics
MorrisAnderson Quick Sale of Trucker to Avoid Liquidation
Metals & Plastics
MorrisAnderson Orderly Wind Down of Steel Service Center After Steel Prices Drop
Metals & Plastics
MorrisAnderson Successful Turnaround, Plan of Reorganization and Refinancing
Energy/Oil & Gas
MorrisAnderson Debt Restructuring and Refinancing in a Distressed Industry
Consumer Products & Services
MorrisAnderson Assessment Aids in Loan Amendment
Agribusiness & Food
Reducing Inventory Allows for Large Refinancing
Transportation & Logistics
Sale of Trucker and Out of Court Wind Down of Estate
Healthcare & Pharmaceuticals
Assisting a Healthcare Company Through the Sale Process
Consumer Products & Services
Operations/Financial Control Improvements Allow Refinancing
Business Services
MorrisAnderson Fixing Environmental Issues Leads to Going Concern Sale
Business Services
Receivership Used to Wind Down Business for $6 Million Pick-up
Metals & Plastics
MorrisAnderson Assisting Receiver with Sale Process to Get Highest Value
Retail
Franchisor Works Down Credit Exposure and Allows Company Refinancing
Agribusiness & Food
Reducing Inventory Allows for Refinancing for Agriculture Distributor
Agribusiness & Food
MorrisAnderson Saving a Company under Criminal Investigation
Agribusiness & Food
MorrisAnderson Assisting with the Restart of a Large Beef Processor
Healthcare & Pharmaceuticals
Selling 27 Real Estate Assets in a Receivership
Education & Non-Profits
Negotiating a Consensual Debt for Equity Conversion
Automotive & Industrial
Managing a High Profile Environmental Cleanup in Bankruptcy
Automotive & Industrial
MorrisAnderson Turnaround Secures Lender Amendment
Consumer Products & Services
MorrisAnderson Selling a Business when the Industry is Rapidly Declining
Construction & Real Estate
Subdividing Property Leads to Sale at Double Expectations
Restaurants, Hospitality & Leisure
Estate Closedown with $10 Million Greater Recovery than Expected
Healthcare & Pharmaceuticals
Turnaround of Healthcare Practice Makes Refinancing Work
Energy/Oil & Gas
MorrisAnderson Selling Company to Repay Lender
Education & Non-Profits
MorrisAnderson Assisting Lenders Restructure Debt Avoiding Publicity
Business Services
Long Term Liquidation Results in 100% Recovery for the Senior Secured Bank Group
Agribusiness & Food
Profit Improvements Facilitates Refinancing
Agribusiness & Food
MorrisAnderson Facilitating the Sale of the Business Between Two Partners
Healthcare & Pharmaceuticals
Turnaround Allows Owner Comfort to Inject New Money
Distribution
MorrisAnderson Operations Turnaround Improves Profitability
Consumer Products & Services
UCC Supports Company Timeline to Sale and Price Increases 50%
Business Services
Company Recapitalized Successfully
Healthcare & Pharmaceuticals
MorrisAnderson Saving a Company that was Cut Off from Medicaid Reimbursement
Education & Non-Profits
MorrisAnderson Negotiating a Debt Restructuring and Refinancing
Automotive & Industrial
MorrisAnderson Company Restructuring Paves Way for Refinancing
Agribusiness & Food
MorrisAnderson Assisting Unsecureds to Get Fair Bankruptcy Recovery
Transportation & Logistics
Turnaround Allows for Refinancing of Trucking Company
Restaurants, Hospitality & Leisure
Refinancing a Restaurant Franchisee
Healthcare & Pharmaceuticals
MorrisAnderson Assisting a Lender Reduce its Loan Exposure
Consumer Products & Services
MorrisAnderson Turnaround Stabilizes Company
Consumer Products & Services
MorrisAnderson Interim Management Makes $10 Million of Profit Improvements
Construction & Real Estate
MorrisAnderson Profit Improvement Allows Company to Refinance
Construction & Real Estate
MorrisAnderson Getting a Lender Paid in Full from an Out of Court Sale
Technology, Media & Telecom
MorrisAnderson Assisting Lenders Restructure Debt
Business Services
MorrisAnderson Fixing Operational Issues Leads to Going Concern Sale
Agribusiness & Food
Profit Improvement Allows Company to Stay with Bank
Agribusiness & Food
MorrisAnderson Assist Lenders Complete Favorable Sale Without Bankruptcy
Aerospace & Defense
MorrisAnderson Cost Reductions Enable Company to Stay with its Lender
Transportation & Logistics
MorrisAnderson Assisting Lender Group Substantially Reduces Loan Exposure
Metals & Plastics
Orderly Wind Down of Steel Service Center
Healthcare & Pharmaceuticals
Profit Improvements Greased Skids for Refinancing
Energy/Oil & Gas
Reducing Lender Exposure to a Troubled Company
Distribution
ABC used to Sell Company
Construction & Real Estate
Restructured Company Gets Reorganization Plan Confirmed
Construction & Real Estate
MorrisAnderson Representing Lender in Contentious Chapter 11
Construction & Real Estate
MorrisAnderson Bridging HVAC Company to a Sale Transaction
Construction & Real Estate
MorrisAnderson Downsized Operations Result in Successful 363 Sale
Consumer Products & Services
UCC Assists Creditors on Getting Payment Plan
Automotive & Industrial
Resizing Company Leads to Refinancing
Agribusiness & Food
Valuation Analysis Helps Resolve Product Liability Claims without Bankruptcy
Metals & Plastics
MorrisAnderson’s $24 Million EBITDA Improvement Allows Sale for Big Premium
Restaurants, Hospitality & Leisure
Interim Management Facilitates a 363 Sale
Distribution
Improved Performance Allows for Refinancing
Construction & Real Estate
Downsizing Reduces Loan Size While Company Survives
Business Services
Turnaround Plan Leads to New Equity and Refinancing
Transportation & Logistics
UCC Supports Company Plan of Reorganization and Creditors Get 100 cents
Restaurants, Hospitality & Leisure
MorrisAnderson Negotiating a Debt for Equity Swap Out of Court
Consumer Products & Services
Operations Turnaround Leads to Good Sale Price at Auction
Construction & Real Estate
Sale Process Convinces Lenders to Restructure Debt
Construction & Real Estate
Interim COO Calms Down Public and Leads to Confirmed Plan
Business Services
Turnaround Leads to Sale at 4 Times Expected Value
Automotive & Industrial
MorrisAnderson Cost Reductions Allow Refinancing
Automotive & Industrial
MorrisAnderson Cost Reductions and Price Increases Stabilize Company
Automotive & Industrial
Wind Down of Unprofitable Business, While Expanding Good Operations
Aerospace & Defense
MorrisAnderson Bridging Company to a Sale Transaction
Aerospace & Defense
Acquisition Due Diligence Highlights Cost Synergies
Metals & Plastics
Wind Down and Transition of Customer Volume Without a Legal Process
Energy/Oil & Gas
MorrisAnderson Successful Plan of Reorganization of an Ethanol Producer
Distribution
Wind Down of a Distributor after its High Volume Season
Distribution
Refinancing a Low Margin Company
Consumer Products & Services
Company Sold with Help from Ohio Department of Development
Business Services
Business Sale for $15 Million Using an ABC
Transportation & Logistics
Wind Down of Multi-State Trucker in Chapter 11 Pays Lenders 100%
Retail
MorrisAnderson Keeping the Company Alive Despite Tough Conditions
Healthcare & Pharmaceuticals
Estate Closedown Paying all Creditors 100%
Construction & Real Estate
Interim CFO Upgrades Finance Function
Automotive & Industrial
Turnaround Allows Lender to Amend Loan
Automotive & Industrial
Out of Court Sale/Winddown Nets a Great Recovery
Metals & Plastics
Interim Management Turnaround and Successful 363 Sale
Energy/Oil & Gas
Estate Closedown of a Service Company with 81 Cent Dividend
Distribution
Turnaround Restores Profitability of Giftware Distributor
Business Services
New Business Plan Used for New Equity and Debt Restructuring
Restaurants, Hospitality & Leisure
MorrisAnderson Interim Management Secures Additional Debt for Growth
Automotive & Industrial
Wind Down of Auto Supplier Avoiding Counterclaims by OEMs
Automotive & Industrial
Selling a Distressed Auto Supplier in a Contentious Bankruptcy
Consumer Products & Services
Company Restarted after Flood with New Loan
Construction & Real Estate
Selling a Dealer Business Back to its Manufacturer
Business Services
Getting 50 Cents Recovery to Investors Who Waited Over 10 Years
Distribution
MorrisAnderson Saved A Family Business in a Turnaround
Agribusiness & Food
MorrisAnderson Helping a Large Company Close a Plant
Healthcare & Pharmaceuticals
Price Increases and New Sales Earns Additional Capital
Business Services
Tracing Money Identifies $38 Million of Misappropriated Funds
Automotive & Industrial
Selling Non-Core Assets Allows for Debt Restructuring
Agribusiness & Food
MorrisAnderson Chapter 11 Liquidation Turned into Successful Plan of Reorganization
Aerospace & Defense
Bankrupt Company Sale Nets $21 Million for Owner
Construction & Real Estate
Selling Excess Assets and Restructuring Debt
Business Services
Turnaround Allows for Refinancing
Energy/Oil & Gas
Assist Lender Maximum Recovery in a Chapter 11
Automotive & Industrial
Plant Consolidation and Right Sizing Stabilize Company
Transportation & Logistics
MorrisAnderson Interim Management Improves Profitability
Agribusiness & Food
MorrisAnderson Manage Sale and Wind Down of High Profile Chicago Company
Metals & Plastics
Sold Companies as Going Concern After Their Shut Down
Technology, Media & Telecom
MorrisAnderson Interim Management Leads Turnaround
Agribusiness & Food
Interim Dairy Farm Management Gets Full Value Sale
Distribution
Turnaround Restores Profitability
Metals & Plastics
MorrisAnderson Led Metals Company Acquisition Efforts
Business Services
Turnaround Improves Profits by $15 Million Annually
Business Services
Turnaround Saves $40 Million for Lender
Automotive & Industrial
MorrisAnderson Cost Reductions Stabilize Company
Aerospace & Defense
Aerospace Company Reduces Inventory and Improves Service
Agribusiness & Food
Turnaround Allows New Equity and Refinancing
Aerospace & Defense
MorrisAnderson Quick Turnaround Actions Save Company
Consumer Products & Services