Lakeside professionals have deep experience in managing crisis situations for companies in distress. With experience on both sides of the negotiating table for banks and companies, Lakeside is able to quickly assess situations and suggest strategic and tactical options for resolving the crisis.
Representative Transactions
· Selected to assist a Lender restructure a portfolio company's open accounts payable.
· Financial Advisors to a Northeast and Southwest metal stamping manufacturer in need of restructuring its contracts with a major customer.
· Appointed Liquidating Trustee for the Estate of SND Electonics, Inc.
·Financial Advisors to a majority shareholder of of a national provider of replacement auto glass. Involved with planning, structuring and executing on a strategy to reaquiror the company through either a 363 sale or a plan of reorganization.
·Financial Advisors to SND Electronics, Inc in its Chapter 11 proceeding; assisted management with cashflow forecasting, analysis of foreign receivable insurance claims, monthly operating reports, assisted counsel with preparation for depositions, preference analysis on pre-petition vendor payments ·Financial Advisor to troubled Northeast-based trucking and logistics company; negotiated forbearance agreements with senior secured lenders; prepared cashflow forecasts; valued business and assisted in its preparation for sale ·Financial Advisor to troubled New England-based corporate events and catering facility; negotiated with senior secured lender, prepared valuation analyses, identified potential equity investors
