Barson Advisory LLC was engaged earlier this year to provide strategic guidance and advice to a recycling and waste management business. In the course of its engagement, our guidance helped inform the key stakeholders that a consensual wind down of the business enterprise would serve to maximize the value of assets and reduce overall creditor exposure. Our efforts included liquidity analyses, senior lender negotiations, including interim forbearance agreements, and oversight with respect to the ultimate disposition of equipment and related assets.

Barson Advisory’s consulting business is focused on providing expertise in pre-crisis situations and out-of-court workouts to companies in financial distress and to their different constituencies.