# Barson Advisory LLC

> Barson Advisory LLC is an independent advisory firm led by Leon R. Barson, serving boards, management teams, sponsors, creditors, investors, strategic acquirers, and private capital funds in restructuring, special situations, board advisory, fiduciary, and wind-down mandates.

Barson Advisory provides senior-level judgment for complex financial, strategic, and governance decisions where liquidity, stakeholder alignment, transaction timing, and fiduciary discipline matter.

## Core Advisory Pages

- [Services](https://www.barsonadvisory.com/services/): Restructuring advisory, board advisory, special situations, independent fiduciary roles, and distressed transaction support.
- [Special Situations Advice and Capital](https://www.barsonadvisory.com/special-situations-advice-and-capital/): Capital structure advice, liability management, distressed M&A, and stakeholder negotiation support.
- [Board Advisory and Corporate Governance](https://www.barsonadvisory.com/board-advisory-and-corporate-governance/): Independent support for boards, special committees, and directors facing strategic alternatives or fiduciary complexity.
- [Independent Fiduciary and Wind-Down Services](https://www.barsonadvisory.com/independent-fiduciary-and-wind-down-services/): Wind-down agent, assignee, receiver, interim manager, and independent fiduciary services.
- [Out-of-Court Restructuring Guide](https://www.barsonadvisory.com/out-of-court-restructuring-guide/): Practical framework for companies, boards, and management teams evaluating restructuring alternatives before a formal process becomes unavoidable.

## Firm and Contact

- [Company Profile](https://www.barsonadvisory.com/company-profile/): Background on Leon R. Barson and Barson Advisory LLC.
- [Contact](https://www.barsonadvisory.com/contact/): Direct contact information for confidential advisory inquiries.

## Frequently Asked Questions and Practical Guides

- [Practice FAQs](https://www.barsonadvisory.com/frequently-asked-questions/): 29 client-approved answers about services, appointments, governance and restructuring.
- [When Should a Board Hire a Restructuring Advisor?](https://www.barsonadvisory.com/news-and-insights/when-to-hire-restructuring-advisor/): A practical early-warning checklist for boards and sponsors facing liquidity pressure, debt maturities or difficult stakeholder decisions.
- [Independent Fiduciary vs. Consultant: Defining the Mandate](https://www.barsonadvisory.com/news-and-insights/independent-fiduciary-vs-consultant/): How boards and funds can distinguish advisory support from an appointed role with defined decision-making authority and reporting responsibilities.
- [What Does a Wind-Down Agent Do?](https://www.barsonadvisory.com/news-and-insights/wind-down-agent-responsibilities/): A guide to mandate scope, cash oversight, asset strategy and stakeholder reporting during an orderly business or fund wind-down.
- [Replacement General Partner or Manager: Planning a Fund Transition](https://www.barsonadvisory.com/news-and-insights/replacement-general-partner-fund-transition/): What private capital funds should clarify about authority, records, asset oversight and reporting when evaluating replacement leadership.
- [Special Committees in Distressed Situations: A Planning Checklist](https://www.barsonadvisory.com/news-and-insights/special-committee-distressed-situations/): Questions for directors about committee scope, advisor independence, alternatives and decision records under financial pressure.
- [The 13-Week Cash Flow Forecast in Restructuring Planning](https://www.barsonadvisory.com/news-and-insights/13-week-cash-flow-restructuring/): How a rolling cash forecast helps management and boards connect liquidity, lender discussions and restructuring milestones.

## Representative Insights

- [Liability Management Exercises: A New Strategy for Borrowers and Investors](https://www.barsonadvisory.com/liability-management-exercises-a-new-strategy-for-borrowers-and-investors/): Long-form perspective on liability management transactions.
- [Spotlight on Corporate Governance: Your Duties as a Director](https://www.barsonadvisory.com/spotlight-on-corporate-governance-your-duties-as-a-director/): Director-focused governance perspective.
- [MG Capital Management Residential Funds III and IV Tap Leon Barson as Wind Down Agent](https://www.barsonadvisory.com/mg-capital-management-residential-funds-iii-and-iv-tap-restructuring-industry-veteran-leon-barson-as-wind-down-agent/): Wind-down agent engagement announcement.
- [Leon R. Barson Appointed as Assignee for the Benefit of Creditors of Sasa Demarle, Inc.](https://www.barsonadvisory.com/leon-r-barson-managing-director-of-barson-advisory-llc-appointed-as-assignee-for-the-benefit-of-creditors-of-sasa-demarle-inc/): Independent fiduciary appointment announcement.

## Feed and Sitemaps

- [News and Insights Feed](https://www.barsonadvisory.com/feed.xml): Recent Barson Advisory announcements and insights.
- [Sitemap](https://www.barsonadvisory.com/sitemap.xml): Canonical page and article index.