Eric Danner
CPA, CIRA, CTP, Partner Restructuring and Dispute Resolution Practice
New York, NY
Eric Danner has over 25 years of experience providing financial consulting and economic analysis to public and privately held companies. His industry experience includes consumer, distribution, environmental services, financial services, healthcare, industrial, manufacturing, media, real estate, retail, technology, telecommunications, textiles, and transportation.
Eric has advised crisis management situations by creating and implementing turnaround business plans and has acted in chief restructuring officer (CRO), chief financial officer (CFO), and chief operating officer (COO) roles in both out-of-court and bankruptcy contexts. He is also experienced in providing a variety of fiduciary services including wind-down leadership, litigation management, and creditor claims resolution.
- CRO for Imerys Talc America, a North American mining company, where he oversaw the sale of the corporation’s operating assets and worked to confirm a plan of reorganization
- CRO for a consumer products company where he made profitability and liquidity improvements and negotiated forbearance with the senior secured lender.
- Interim CFO for publicly traded $200 million training services company where he reduced bank debt through the sale of various operating units and managed all aspects of the company’s out-of-court wind-down and dissolution process
- CRO for wholesale brokerage and trading services firm where he managed wind-down of business operations and all corporate activities in accordance with regulatory requirements
- Financial advisor to the debtor for Pilgrim’s Pride Corporation, a publicly traded $8.5 billion poultry company, where he was instrumental in the early-stage stabilization of the Chapter 11 reorganization process
- Interim CFO for consumer products company where he made profitability and liquidity improvements and negotiated forbearance with the senior secured lender
- Post-confirmation Trustee of PCAA Lender Liquidating Trust where he administered a trust holding more than $125 million cash and was responsible for winding-down the financial affairs of multiple debtor entities, including asset recovery and claim resolution programs
- Financial advisor to the UCC for Arthur D. Little, a $400 million global consulting firm, where he managed the creditor claims resolution process and supervised the wind-down of more 60 debtor entities
- Plan Administrator of Cabi Downtown, LLC, a bankrupt developer of an 850-unit luxury condominium complex, where he managed the resolution of litigation activities, creditor claim disposition, and wind-down of estate affairs
Events and speaking engagements
- “Corporate Restructuring: Topics and Trends in 2021”, ACG National Capital Chapter Webinar, Panelist, February 2021
- “Restructuring Alternatives for Cannabis Businesses,” Cannabis Business Cyber Summit Webinar, Panelist, November 2020
- “Insolvency in the Time of COVID19”, International Insolvency Institute Webinar, Panelist, May 2020
- “Analysing the Causes of Retail Insolvencies Around the World”, International Insolvency Institute NextGen Leadership Conference (Barcelona, Spain), Panelist, June 2019
- “Plan Confirmation Litigation Issues, Strategies and Best Practices”, AIRA Annual Conference (Boston, MA), Panelist, June 2019
Press
- February 10, 2021 | ACG: Corporate Restructuring/Dispute Resolution Webinar Panelist
- June 4, 2020 | NetSuite: The New CFO Dashboard: KPIs To Track Now
- May 21, 2020 | CNBC: The Coronavirus is Crushing Bankrupt Retailers’ Hopes for a Rebound – and Threatening Even More Jobs
Awards and recognition
- Turnaround Atlas Awards, Reed & Barton Corporation “2015 Consumer Manufacturing Restructuring of the Year”
Professional affiliations
- Association of Insolvency and Restructuring Advisors, Board Member
- American Bankruptcy Institute
- American Institute of Certified Public Accountants
- International Insolvency Institute
- Massachusetts Society of Certified Public Accountants
- Turnaround Management Association, Northeast Board Member
Education
- MBA, Accounting/Finance – Boston University
- BA, Economics – Vassar College
Prior business experience
- CR3 Partners LLC, Partner
- Deloitte Financial Advisory Services LLC, Managing Director
- CRG Partners LLC, Partner