Kevin Clancy is a Global Director of CohnReznick Advisory's Restructuring and Dispute Resolution Practice. In this role, he provides financial advisory and litigation support services specializing in the areas of bankruptcy, debt restructuring, and investigative and forensic accounting. Kevin provides financial and economic analysis of insolvent and troubled companies, provides advice in turnaround and crisis situations, counsels purchasers in the acquisition of assets within the bankruptcy arena, and provides expert advice to parties in both civil and criminal litigation matters. Beginning his accounting and advisory career in 1998, Kevin has experience working in national and regional public accounting firms as well as the private sector.
Kevin has been involved in dozens of complex forensic accounting and financial investigatory matters. He has represented various official committees in bankruptcy proceedings including unsecured creditors, reclamation creditors, and asbestos property damage creditors and has been qualified as, and testified as, an expert in numerous bankruptcy courts throughout the United States and in state courts.
He has represented court-appointed trustees, receivers, and examiners and has been involved in many high-profile cases including TOUSA, Yellowstone, Ginn/St. Lucie, Chemtura, Fleming Foods, Federal Mogul, Pittsburgh Corning, Wall Street Deli, ICH (Arby’s), Enron, and WorldCom. He has written articles on bankruptcy-related topics and financial fraud issues and has spoken before various professional organizations.
With extensive knowledge of the healthcare industry and healthcare insolvency matters, Kevin has been involved in some of the most complex bankruptcies and restructuring cases in the industry. These have involved issues such as health insurance fraud investigations, sale-leaseback transactions, and bankruptcy remote vehicles. He also has significant experience in the hospitality and manufacturing and distribution industries.
AWARDS AND RECOGNITION
- Global M&A Network Turnaround Atlas Awards: 2021 Chapter 11 Restructuring of the Year – Small/Mid Markets, Rubie’s Costume Company
- Global M&A Network Turnaround Atlas Awards: 2021 Turnaround of the Year – Small Markets, Le Pain Quotidien USA
- M&A Advisor’s 14th Annual Turnaround Award: 2019 Turnaround Award Winner, New England Motor Freight
PRESS
13 July 2021 | cfo.com
Your Business Survived the Pandemic – Now What?
14 June 2021 | Accounting Today
Getting Ready for the Recovery (podcast)
29 May 2020 | ABF Journal
The Coming Waves of Bankruptcy and Restructuring
29 April 2020 | FundFire
How Blackstone Will Get Troubled Assets 'To the Other Side’
Education
JD, BS, Accounting, Catholic University of AmericaProfessional Affiliations
American Institute of Certified Public Accountants
New Jersey Society of Certified Public Accountants
American Bankruptcy Institute, Healthcare Committee Member
Association of Insolvency and Restructuring Advisors, Board Member
American Bar Association
Maryland Bar Association