Bankruptcy and Restructuring

Tittle Advisory Group (TAG) assists clients throughout the bankruptcy and insolvency process.  Our clients include companies (debtors), committees of various constituent groups, financial institutions, suppliers/creditors, and private equity/hedge fund investors in out-of-court restructurings, bankruptcy reorganizations, and liquidations.  We work collaboratively and cost-effectively with appropriate counsel and the client to develop and execute strategies to maximize recovery, minimize exposure, and realize the best business outcome.   Our role may entail not just advising but actually being the client in cases where we serve as Chief Executive Officer, Chief Restructuring Officer, or Chief Financial Officer of the company or debtor.  We have also served in specialized roles such as Trustee, Keeper, Receiver, or Liquidating Trustee as circumstances warrant or dictate.   If matters become contentious, we have significant experience in testifying on financial and operational matters.  In particular, since 1983, John Tittle has been qualified and testified as an expert witness in various federal and state courts, including numerous appearances in bankruptcy court.

The Bankruptcy and Restructuring Practice of TAG is involved in all aspects of the bankruptcy and insolvency process from a financial advisory, operational, or managerial standpoint. TAG professionals have been intimately involved in bankruptcy and restructuring matters in the following industries: (i) Energy – Merchant Power/Utilities; (ii) Energy – Oil and Gas Exploration and Production; (iii) Energy – Retail Gasoline Station/Convenience Stores; (iv) Energy – Wholesale Oil and Gas Distribution/Jobbers; (v) Insurance and Reinsurance; (vi) Manufacturing; (vii) Telecommunications; (viii) Transportation and Logistics, and (ix) Wholesale Distribution of various kinds.

TITTLE ADVISORY GROUP’S experienced and highly-skilled professionals assist clients in the following types of bankruptcy and restructuring matters:

Companies (Debtors) – Act as CEO, CRO, CFO, financial advisor, or consultant to companies in out-of-court restructurings as well as debtors in Chapter 11.  Our role could include providing or conducting turnaround services, crisis management, the divestiture of assets or businesses, securing new, replacement, or DIP financing, cash flow management, process and performance improvement, coordination of vendor and creditor negotiations and communications, including 503(b)(9) claims, general bankruptcy process consulting, valuation for various purposes and expert testimony.

Committees – Serve as financial advisor to creditors’, equity, and other committees in Chapter 11.  TAG professionals have served as financial advisor to committees as an expert witness on valuation and other matters as well through financial advisory assistance involving cash collateral analyses, preparation of reorganization and recovery analyses and scenarios, liquidation analyses, attempts to secure DIP and exit financing, evaluation of auction/sales processes and bids received, financing issues, adequate protection issues, and general bankruptcy matters.

Suppliers and Creditors – Provide expert testimony on behalf of supplier/creditor constituencies relating to Solvency, Value, Reasonably Equivalent Value, and Damages as defenses to preference, fraudulent transfer, and voidable transaction litigation.  TAG professionals have also served as Trustee and Liquidating Trustee to wind-down operations and distribute proceeds to creditors.