Special Situations

Our Special Situations Group provides investment banking services to companies, financial sponsors, trustees, liquidating agents and other interested parties in connection with financially stressed situations and transactions. Our experience includes serving companies with an acute need for financial restructuring and those in potential bankruptcy situations. In collaboration with the 220 professionals in our Platform, we also serve a wide range of industries, including financial institutions, health care providers, government units and both public and private retail, services, manufacturing and distribution companies. We are familiar with all aspects of creditor relations and related issues and have extensive experience working with existing lenders to assist clients until all pertinent transactional possibilities are explored and funds are secured. Services we provide include:

• M&A advisory and sale process management to maximize values, including sales under Section 363 of the U.S. Bankruptcy Code
• Recapitalizations and refinancings at all levels of the capital structure including:
  • Replacing senior debt from bank and non-bank specialty financing sources
  • Debtor-in-possession and Chapter 11 exit financing
• Balance sheet restructuring, including note restructuring and repricing, debt-to-equity conversions and recapitalizations
• Strategic alternatives analysis, including stand-alone plans, sale of some or all of a client’s businesses and/or refinance of existing debt
• Planning for Chapter 11 and out-of-court settlements

The Special Situations Team is comprised of experienced deal professionals with backgrounds in the areas of law, lending, restructuring and direct investing. All of our professionals bring an in-depth experience in the bankruptcy process, insolvency and special situations arena.