Gleason & Associates
certified public accountants & consultants

One Gateway Center, Suite 525
420 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

412.391.9010 phone
412.391.1192 fax

Copyright 2005

business valuation | return to listing of practice areas
Financial Reorganization

Who we serve: Financially troubled companies that are reorganizing to restore viability and profitability, and their various constituencies. Our clients include debtors, secured and unsecured creditors, and shareholders.

Experience: Our financial reorganization specialists have decades of combined experience, including first-hand experience as chief executive officers and chief financial officers of financially troubled companies. In addition to comprehensive financial analyses, the firm’s expertise includes debt structuring and refinancing, liquidity management, and extensive knowledge of Chapter 7 and Chapter 11 bankruptcy. We also have extensive experience in analyzing solvency issues and investigating preference payments and fraudulent conveyances.

Our clients have included numerous distressed companies and their counsel, secured lenders and unsecured creditors committees. We also have been appointed by the courts as trustee, receiver and examiner.

Our approach:

  1. Conduct a comprehensive operations analysis of the business, facilities, equipment, suppliers, labor force, information systems, reporting structures and processes, and key management to identify problems and the critical areas for improvement quickly.
  2. Perform a financial assessment by analyzing revenue trends, profitability, ROI and cash flows. We will also determine solvency and investigate alleged fraudulent transfers as necessary. Working closely with our in-house certified valuation analysts, we help lenders and companies assess troubled credits and evaluate assets for loan collateral or as a borrowing base.
  3. Develop timely solutions, including accountable action plans with financial projections.
  4. Help manage the turnaround by continually monitoring progress in implementing the action plan and facilitating communication between stakeholders.

Examples of our work

Gleason & Associates specializes in eight practice areas: