Case Studies:
Transportation
Specialty packaging and logistics company restores profitability and is recapitalized
A privately held transportation company in the business of packaging highly flammable and combustible products in the oil field service business was losing money, was in default with their senior…Read More
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Successfully completed refinance of senior secured lender with a third-party finance company for transportation company
Courier business that was operating in the south and midwest U.S. was in forbearance with its primary senior secured lender following a covenant default from a decrease in profitability and a deterioration of its liquidity.
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Harney helped oil field service company with reporting cash flows during forbearance period and re-finance of debt
A supplier in the Permian basin (Texas) of chemical solvents and anti-corrosion products was in default with its senior secured lender. The default was a result of misreported operating results…Read More
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