Restructuring & Dispute Resolution Year in Review
As we continue to settle into 2021, we want to thank you for placing your trust in our team over the past turbulent year. Amid unprecedented market conditions and economic factors, we were proud to continue providing outstanding outcomes for our clients, and we are grateful for your support in making it possible.
We’re excited to share that our team grew 35% year over year, allowing us to better serve clients across a wider range of industries and geographies. We expanded our presence in Texas and in Los Angeles. Industry veteran David Weinstein joined our team to lead workout and restructuring services in the Southeast, and expand the firm’s presence in Florida. Our professionals also kept up a robust schedule of speaking engagements and media interviews.
Read on for some of our highlights from the past year, and look forward with this promise: We are just getting started. More growth, expansion, and outstanding client outcomes are ahead.
U.S. Bankruptcy Tracker: Virus Sparks Worst December Since 2011
The coronavirus is crushing bankrupt retailers’ hopes for a rebound – and threatening even more jobs
It’s a New Playing Field: The Keys to Restructuring Your Business for Post-Pandemic Success
Two years after leaping into senior living, ProMedica says bet is paying off
A strategic increase in cash flow and reduction in expenses helped a stressed sporting goods manufacturer establish stable ground. Read the full story >
An out-of-court restructuring, followed by a successful turnaround, led to a debt sale and a new lease on life for a pawn shop and check-cashing business. Read the full story >
A successful 363 sale allowed a distressed costume company to write its next chapter. Read the full story >
The Global M&A Network recognized CohnReznick with the Out-of-Court Restructuring of the Year Award (mid-markets) in their 12th Annual Turnaround Atlas Awards. Learn more >
Cynthia Romano and Chris Creger were awarded the Turnaround Management Association’s (TMA) 2020 Turnaround and Transaction of the Year Award. Learn more >
Chris Creger was selected to the American Bankruptcy Institute’s “40 Under 40” list for 2020. Learn more >
Eric Danner was appointed as Chief Restructuring Officer of Imerys Talc America, Inc. et al. in their Chapter 11 bankruptcy processes.
Case StudyRestructuring and Dispute Resolution case study: Sporting goods manufacturerRead how CohnReznick team members helped a sporting goods manufacturer reduce expenses, generate cash flow, and refinance their asset-based loan facility.
Case StudyRestructuring and Dispute Resolution case study: Financial institution and retail business transactionRead how CohnReznick team members helped a pawn shop business avoid a forced liquidation by developing a turnaround plan, reducing expenses, and selling debt.
Case StudyRestructuring and Dispute Resolution case study: Costume company transactionCohnReznick and CohnReznick Capital team members served as financial advisor and investment banker after a Chapter 11 filing, eventually guiding a 363 sale.
Press ReleaseCohnReznick wins Turnaround Atlas Awards Out-of-Court Restructuring of the YearCohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it received a second major industry award for its restructuring work for Allentown, Pennsylvania-based Coordinated Health.
Press ReleaseCohnReznick wins 2020 TMA Turnaround of the Year AwardCohnReznick LLP, a leading advisory, assurance, and tax firms in the United States, today announced that Cynthia Romano and Chris Creger of its Restructuring & Dispute Resolution practice have been awarded the prestigious Turnaround Management Association (TMA) 2020 Turnaround and Transaction of the Year Award for their success as Chief Restructuring Officer in the turnaround and sale of Allentown, Pennsylvania-based Coordinated Health (CH).
Press ReleaseCohnReznick expands Texas presenceCohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has placed strategic priority on growing its client service teams across Texas and the Southwest, strengthening its Austin and Houston offices and expanding its Dallas presence.