Chief Restructuring Officer
Bankruptcy Strategy and Planning
Creditor / Committee Advisor
Navigate legal process to transcend and move forward.
While bankruptcy is typically a last resort, it can often lead to brighter horizons. Harney Partners works with our clients and counsel to effectively utilize bankruptcy and insolvency proceedings as a springboard for successful reorganization.
Our advisory team comprises certified professionals with technical expertise, courtroom credibility and an uncommon depth of experience extending decades. We know the bankruptcy and insolvency process inside and out. This enables the Harney team to quickly gain control of the facts, prioritize action steps and move forward. We leverage proven best practices from pre-filing strategies to reporting requirements, and all the way through reorganization — ultimately saving clients money while maximizing value.
Featured Case Study
100-year-old commercial catalog printer, the third largest in the U.S., with revenues exceeding $80MM and pre-petition loan and lease obligations of $50MM. The company ran into setbacks related to the recent acquisition of a second production facility. Additionally, the company had high debt levels, an unfavorable facility lease and significant funding obligations with two declining multi-employer pension plans. At the time of Harney Partners’ engagement, the company was in default of its senior loan borrowing base and financial covenants.