Assisted this $300 million business with its senior lender negotiations and refinancing efforts.

Chief Restructuring Officer for this servicer of sub-prime auto loans. Assisted in the renegotiation of several hundred loan servicing agreements and in preparing for, and executing its bankruptcy filing and in successful sale of its assets and operations under Section 363 of the Bankruptcy Code.

Acted as financial advisor to this large call center operator and negotiated an out-of-court restructuring of its secured and unsecured debt to avoid bankruptcy.

Negotiated a sale transaction as a going concern that maximized the recovery on assets.

Acted as CEO and CFO of this 50 store, $325 million drug and general merchandise chain, installing new systems and controls, reorganizing the management team, instituted inventory systems and negotiated a sale of the company as a going concern to a major equity sponsor.

Acted as financial consultant to this publicly traded $800 million contract manufacturer during its Chapter 11 proceedings in Delaware and assisted in the negotiation of a sale as a going concern.

Interim CFO for this $150 million consumer products distributor. Assisted in renegotiating the secured bank debt, instituted new cash management procedures, and assisted in the negotiation of the sale of the company.  Reversed prior losses to achieve significant positive EBITDA.

Acted as financial advisor to a startup publicly traded fuel cell research firm in its merger negotiations.

While on the corporate financial staff of this $2 billion multinational company, was assigned to assist divisional managers where there were financial or operational problems and negotiated the sale of several spin-offs from other acquisitions. Oversaw two major fraud investigations and negotiated a favorable settlement with the Department of Energy over certain claims filed against a major division.

Engaged in 2002 to act as Chief Restructuring Officer, CEO and CFO of this $400 million international consulting company with 119 subsidiaries in 29 countries. Reduced overhead by over $10 million, negotiated the sale of the five lines of business to several buyers through Chapter 11 in Massachusetts.

With over 185 stores, this Massachusetts retailer was the largest independent costume jewelry retailer in the United States until its liquidation. We assisted in seeking buyers and negotiating the sale of various portions of the business prior to its Chapter 11 filing.

Financial advisor to the secured lenders during this strip steel processor's Chapter 11 proceeding.

Worked with this branded and private label manufacturer to seek a buyer and manage its cash flow. We assisted in negotiating a sale of this company.

Acted as Restructuring Advisor and liquidation consultant to the Company and its bank group subsequent to the decision to liquidate the Company's operations and dispose of its assets at auction.

Chief Restructuring Officer of this $70 million multinational manufacturer in Chapter 11 in Tucson, AZ. We were hired to run the company and to seek a buyer for the company as a going concern. After approval by the bankruptcy court, we successfully found buyers and closed two very complex, going concern transactions

Acted as the interim CFO for this profitable $300 million manufacturer and operator to facilitate a sale of the company at the request of its shareholders.

Approved by bankruptcy court in Eastern District of New York to manage this $35 million distributor of automotive parts in Chapter 11. We acted as Chief Operating Officer and CFO from the date the company filed for bankruptcy in October 1993 until it was sold in 1999.

Approved by bankruptcy court in Delaware to oversee the operations and sale of this $60 million direct mail marketer of children’s clothing. Negotiated the sale of substantially all of the brands and mailing lists within 45 days of appointment

Liquidated this major mid-Atlantic distributor out of bankruptcy.

Advisor to the secured lender for this 20 store retail drug store chain during and prior to a Chapter 11 filing. Directed the sale of prescription files at 40% above appraised value and assisted in the selection of the store liquidation firm and lease auctioneer and follow-up monitoring on both.

Engaged by the Debtor in this Chapter 11 case in the Southern District of New York to be the Chief Restructuring Officer. Located a buyer and negotiated a sale of all of the operating assets of this $1 billion electronics retailer. Operated the company under severe cash restraints until the sale could be consummated. 

Acted as the Company's Chief Restructuring Advisor during this $300 million commercial fabric manufacturer's Chapter 11 and subsequent sale and resulting restart of the business

Liquidated this North Carolina based $30 million furniture and store fixture manufacturer including selling two divisions as operating entities and liquidating a third division.

Chief Restructuring Officer for this $350 million manufacturer and distributor of home power products.  Assisted the Company in negotiating purchase plans with its vendors, rationalizing its overhead structure, and monetizing excess/unproductive assets in preparation for a sale of its operations and assets under Section 363 of the Bankruptcy Code.

As Executive VP of this $100 million importer and manufacturer, RAS revised financial, tax, legal and operation departments. In 5 years, negotiated the purchase of 3 troubled companies (one in Chapter 11) and made them successful. RAS reorganized a floundering operation in England, set up companies in Korea, Taiwan, Hong Kong and Brazil, and negotiated bank credit lines internationally.

Restructuring Advisor to this $160 million manufacturer of luxury motor coaches. Assisted the Company Management with the analysis required to reduce operating costs and improve profitability in advance of securing incremental financing.

Assisted this $500 million sales volume company in restructuring approximately $100 million of bank debt, prepared a detailed operating budget for its 34 locations, recommended extensive changes to the organization chart and overhead structure and renegotiated 28 real estate leases. Assisted in the selection of a new software operating system and placement of this loan with a new lender.

Assisted in the management of cash flow and monitoring of operations for this troubled operation until its sale.

Liquidating manager for this $200 million manufacturer/ distributor of licensed sports apparel after the sale of its assets as a going concern in Chapter 11.

Acted as interim CEO of this telecommunications company until a permanent CEO could be recruited.


Acted as a financial advisor to this manager of two amusement/theme parks in assisting with cash management and debt negotiations.

This $60 million footwear manufacturer, marketer and 50 store retail concern experienced severe financial hardship since effectuating a LBO. As interim President and CFO, RAS restructured the company, reduced overhead, revamped the product line and negotiated a new bank lending formula. After operational and financial improvements, the company returned to its Chairman and shareholders.

Assisted two companies in the sale of a total of five pieces of industrial and commercial real estate with proceeds exceeding $20 million

Chief Restructuring Advisor for this $200 million manufacturer of diesel engine components. Assisted the Company in negotiating relief from its secured lenders, restructuring its overhead structure to improve profitability and securing a replacement lender for its secured lender in the amount of $20 million.

Worked with this manufacturer/ assembler to restructure its debt and to sell off certain assets in order to avoid bankruptcy. We oversaw the plant operations in Mexico, in addition to our cash management duties.

Provided services of Chief Administrative Officer, overseeing finance, legal, human resources and information systems of this $150 million entity with over 75 offices. We also have been a member of its Board of Directors. The company has increased EBITDA four fold and is financially stable.

This $60 million New York fastener manufacturer filed Chapter 11 in Delaware. We took over this Chapter 11 case, from another crisis firm at the request of the lender and the debtor.  We stabilized the business and eventually negotiated a sale of the business as a going concern. We also negotiated the disposal of significant amounts of developed and undeveloped real estate.

Appointed in Chapter 11 as CRO of this $200 million manufacturer and retailer of furniture. Liquidated three factories and 235 retail stores. Brand name was sold and several facilities are still operational.

Acted as Chief Restructuring Officer of this apparel related manufacturer through its Chapter 11 and renegotiated its secured and unsecured debt prior to its successful reorganization and emergence from Chapter 11.

A small manufacturer of medium priced jewelry was on the verge of bankruptcy when hired as Executive Vice President and General Manager. Renegotiated the bank credit line, reorganized the company and changed the way every department was operating, bringing this company to a break-even within six months despite a decline in sales volume.

Assisted this company in managing its cash flow while it negotiated a lucrative sale of its stock to a competitor.

Engaged as the CEO of this publicly traded oil and gas related barge operation to restructure its management and financial structure.  Negotiated a complete debt restructuring of over $100 million of debt conversion which ultimately resulted in a ten times increase in the value of the Company's market cap.  Instrumental in landing the Company's largest ever contract

CRO for this privately held manufacturer of printed circuit boards.  Assisted in preparing and executing its restructuring plan: consolidation of domestic manufacturing capacity; rationalization of unprofitable business; establishing strategic supply relationships with Chinese manufacturing partners; and negotiation and execution of its operations through a Chapter 11 process

Assisted management of this $250 million steel manufacturer in developing programs to reduce inventories and costs to improve cash flow.

Acted as advisor to the bank group of two different manufacturers of trade show booths and retail fixtures.

Engaged as the financial advisor to this 250-store apparel retail chain for its Chapter 11 proceeding and assisted in the negotiation of the restructuring of its bank debt. Our reorganization plan and emergence from Chapter 11 stimulated subsequent growth to a 1,000 store chain

Acting as financial advisor to the secured lenders during the Chapter 11 proceedings of this $400 million bus operation with over $125 million of secured bank debt and an additional $125 million of publicly traded secured notes.  Assisted in the restructuring and subsequent emergence from Chapter 11.

Financial advisor to the secured lender for this $1 billion international construction company.

Assisted this NASDAQ listed developer of digitized maps in restructuring $22 million of bank debt and over $1 million in vendor payables. Negotiated lease settlements, developed a comprehensive operating plan and extensive control mechanisms for cash and collateral purposes. The company was stabilized and sold.

Chief Restructuring Advisor for this publicly traded distributor of electrical components.  Assisted the Company in preparing for and executing its bankruptcy filing and in the successful sale of its assets and operations under Section 363 of the Bankruptcy Code.

Appointed as Chief Restructuring Officer of this multi location $35 million environmental testing lab chain. We stabilized operations and cash flow and located buyers and negotiated sales of seven labs and liquidated three labs during this Chapter 11 proceeding. Reduced operating expenses to cash flow breakeven while awaiting consummation of the various sale transactions.

Restructuring Advisor for this $300 million provider of international freight and logistics management services. Assisted the Company in negotiations with its senior lenders and convertible noteholders and in developing strategies to reduce its overhead structure and improve overall financial performance prior to its Chapter 11 filing.

Uncovered significant fraud at this publicly traded company and subsequently liquidated all of its assets in a Chapter 7 proceeding.  Assisted counsel and U.S. Attorney in litigation support and conducted extensive forensic assignments.  Three principals pled guilty to multiple federal charges.

While on the corporate financial staff of this $2 billion multinational company, was assigned to assist divisional managers where there were financial or operational problems and negotiated the sale of several spin-offs from other acquisitions. Oversaw two major fraud investigations and negotiated a favorable settlement with the Department of Energy over certain claims filed against a major division.

Liquidated the assets of this Rhode Island based $30 million jewelry manufacturer outside of Chapter 11.

Acted as CEO of this company during its turnaround and stabilized personnel and operations. Negotiated the sale to an equity sponsor.

Approved by Baltimore bankruptcy court to liquidate this $35 million paper bag and box manufacturer in Chapter 11. Recovered sufficient funds to cover all secured loans and a significant recovery for unsecured creditors.

Advisor to the secured lender for the financing division of this publicly-traded bank. Assisted the Company in collection of accounts receivable and valuation and disposition of remaining assets.

Financial advisor to the secured lenders during this steel service company's Chapter 11 proceeding.

Approved as Chief Restructuring Officer of this $130 million manufacturer of women's apparel in 1998 by the Bankruptcy Court in the Southern District of New York to complete its liquidation.