Case Study:
Flambeau River Papers LLC
Helped company obtain financing, reorganize and re-hire workers
A manufacturer of pulp, paper and related products was struggling as they navigated increased competition and falling paper prices
The Solution
Harney evaluated restructuring options, including an out-of-court settlement and a traditional Chapter 11
Guided the company through a Wisconsin Chapter 128 receivership to a sale process
Advised company through downsizing and helped transition to new product lines and maximize revenue and margin
Obtained financing from largest customer
The Results
Now, operating as Park Falls Pulp and Paper, company has re-hired workers and is considering more investment to grow business lines
Services & Roles
Bankruptcy Advisory
Turnaround and Restructuring
Financial Advisory
*Some engagements may have been performed by team prior to joining Harney Partners.
