• Assess the financial condition and operating condition of a company
  • Analyze the appropriate capital structure and debt capacity of a company
  • Recommend financial and strategic alternatives
  • Provide enterprise valuation services
  • Structure and execute the process of asset sales and divestitures
  • Advise third parties on the acquisition of distressed assets
  • Source DIP and Exit financing alternatives
  • Source out-of-court financing alternatives
  • Develop a restructuring plan
  • Assist in the court approval process

Current/Recent Assignments

Tradition Land Company

  • Advising owner (former lender) of 8,200 acre master planned community in Port St. Lucie, FL on strategic alternatives. Previously served as CRO in a prior restructuring.
  • Conducting nationwide M&A process to maximize value.


  • Currently advising developer/operator of senior living facilities on the acquisition of a 500+ bed Tampa area CCRC currently in a contested Chapter 11.

Peninsula Papagayo

  • Advised major charitable foundation on restructuring/sale/recapitalization
  • Anchored by The Four Seasons it is the largest resort located in Costa Rica
  • Winner, M&A Advisor Refinancing Deal of the Year for $250 million+ transactions


  • $1.9 billion acquisition of government-owned utility by Enron South America
  • Restructuring to enhance profitability resulting in eventual sale at 100% gain

The Related Group

  • $2 billion+ restructuring of senior and mezzanine debt across 21 separate loans.
  • Completed consensual restructuring with 40+ domestic and foreign financial institutions.

BFC Corporation (NYSE: BBX)

  • Diversified NYSE holding company.
  • CRO for successful restructuring on over $370 million of subsidiary level debt

Leisure Industries Corporation (Mego Financial – Nasdaq: MEGO)

  • Advisor to the Chapter 11/7 trustee for $185 million publicly traded timeshare company
  • Developed strategy and negotiated substantial recovery for prepetition and DIP lender

Aura Minerals

  • Restructured $200 million mining company, increasing EBITDA by $40 million annually
  • Closed money losing operations and acquired new mines, maintaining revenues and reducing debt


  • $900 million telecom roll-up, restructuring and eventual sale
  • Reduced annual operating costs by $150 million

Advanced Lighting Technologies Inc. (Nasdaq: ADLT)

  • Advised the Official Equity Committee in obtaining substantial recovery in $175 million Chapter 11

Norwegian Cruise Line (NCL Holding ASA)

  • CEO of cruise line near bankruptcy. Led turnaround – equity value increased from $30 million $1.2 billion.

Harmony Information Systems, Inc.

  • Advised JMI Equity ($1.3 + billion) on the recapitalization of its portfolio company

Ocean Rig ASA

  • Financial/operational turnaround on behalf of equity holders.
  • Market capitalization increased from $60 million to $1.4 billion when sold to Dryships.

Classic Sleepcare, LLC

  • Currently advising board of directors of sleep wellness company on strategic and liquidity alternatives.

One Bal Harbour

  • CRO in confirmed Chapter 11 of condo/hotel project with $700 million+ in assets.
  • Managed sale process via section 363 sale.

Bluegreen (NYSE: BXG)

  • Developer/operator of timeshare resorts and large developer of residential lots.
  • Review of strategic alternatives and ultimate $29 million sale of Bluegreen Communities.

Allied Universal Corporation

  • Advised on recapitalization and arranged financing.

CABI Downtown, LLC

  • Confirmed $256 million Chapter 11 Plan for  major condominium project.

Synovus Financial Corporation (NYSE: SNV)

  • Advised in divestiture of 28% equity ownership in Aerosonics Corporation (AMEX: AIM).


  • Chairman/CEO of large international subsea construction company.
  • Negotiated merger between the company and Halliburton Subsea that created Subsea7.

Speizman Industries, Inc. (SPZN.OB)

  • Advised the Special Committee of the Board of Directors on connection with Chapter 11 petition

Investor group

  • Advised investor group in purchase of PCX Corp., a division of NYSE listed Integrated Electrical Services, Inc.

Agway Liquidating Trust

  • Advised $400 million trust on the disposition of 24 environmentally-tainted.

Reynolds Family and Affiliates

  • Global restructuring with 30+ lenders on over $500 million of debt spread across 20+ loans

Midcon Resources

  • Advised Senior Secured creditors in $120 million Chapter 11.

Southeastern Retirement Associates, LLC

  • Advised ad hoc committee of Subordinated Noted Holders in a $52 million restructuring.

NY-based hedge fund

  • Advised on valuation of $600 million of subordinated debt in a publicly traded company.

Arlington Ridge LLC

  • Financial Advisor to Debtor in Chapter 11 proceedings, also held CRO position

PsychSolutions Inc.

  • Financial advisor in sale to Youth & Family Centered Services, Inc., a portfolio company of TA Associates.

Adama Holdings

  • Advised major hedge fund investors on $500 million eastern European distressed investment.

Altman Companies

  • Completed global restructuring. Leading developer and operator of apartments with over $475 million of debt.

SELAF Waterfall Holding Company

  • Advised on $175 million private equity firm on strategic alternatives for portfolio investment.

Diversified Family Investment Vehicle

  • Advised on two CMBS debt restructurings of retail and office assets. Successfully negotiated agreements with CW Capital and C3.

Village Homes

  • Restructured approximately $140 million of senior debt.

Wood Energy, Inc.

  • Advised holders of Senior Secured Notes in $40 million Chapter 11

Successful “Out Of the Money” Engagements

  • Advanced Lighting Technologies, Inc.  – Official Equity Committee
  • Southeastern Retirement Associates, LLC – Ad hoc Committee  of Subordinated Noteholders
  • The Related Group – Debtor/Equity
  • Reynolds Family Partners – Family Office/Equity
  • BFC Corporation – Debtor/Parent Company of Debtor
  • Cabi Downtown, LLC – Debtor/Equity
  • Ocean Rig ASA – Debtor/Equity
  • Norwegian Cruise Line – Debtor/Equity

Note: Includes engagements led by Algon team member prior to joining Algon