A Track Record Of Successful Experience In Maximizing Corporate Value
Recent Engagements
TRA has extensive and successful experience in many industries, particularly in health, energy, retail, manufacturing and technology. We recently have been successful in the following engagements:
Recent transactions of note include
Debts of $760M
Acted as Chief restructuring officer and or designated agent for 5 proton centers with cumulative debts of $760M and advising on a sixth center with $80M debt.
Debts of $200M
Acted as special advisor to family-owned energy company involving complex succession and distress issues with a resulting restructure of $200M debt.
$75M of Debt and Equity.
Acted as advisors to limited partners in a distressed multifamily real estate with a combination of $75M of debt and equity.
Debts of $100M
Assisted parties in locating capital and closing a transaction to support chip design company with breakthrough technology used by aerospace defense and communications sectors. Company had over $100M of debt.
Plant & restructuring of
over $100M
Acted as special advisor to family-owned energy company involving complex succession and distress issues with a resulting restructure of $200M debt.
$100M Loan
Appointed as trustee for retailer of boats overseeing liquidation of collateral securing . $100M loan.
Trustee Appointment
heading for this Appointed as trustee over concrete batch plant.
Prior Relevant Experience of Team Members
Inverworld Legal Expertise
Represented the Trustee/Receiver in the Inverworld cases, overseeing multiple multi-million dollar cases (some as outside counsel, some as trial counsel), some handled on contingency and some hourly.
Idearc Bankruptcy
Representation
Represented bondholders in Idearc bankruptcy case on a contingency basis), and then the Trustee in Idearc litigation trust cases on contingency.
Global Crossing Bondholder Representation
Represented Ad hoc committee of bondholders in the Global Crossing bankruptcy case, and then in follow up litigation against parties on modified contingency/hourly basis (settled at trial on confidential basis)
$40M Pre-Discovery Settlement
Led litigation team in Stanford case against auditor that resulted in $40 million settlement pre-discover.
Mid-Market Energy Debtors
Representation
Represented debtors in mid-market energy case on contingency basis.
Trustee in Bankruptcy:
$25M D&O Recovery
Represented trustee in bankruptcy liquidation against directors and officers resulting in recovery of approximately $25 million (including payment by individuals as well as insurance coverage).
Dealer-Manufacturer Relations
Expertise with Major Auto Brands
TRA has experience in and understands dealer manufacturer relationships from work experience with GM, GMAC, Nissan, Toyota, and others, and also with financial institutions providing dealer finance.
Expertise in Floor Plan Lending
& Dealership Workouts
TRA understands floor plan lending and has experience in complex workouts involving dealerships experience with asset tracing both as lawyers and accountants.