Estudios de caso

Preserving Value Through a Complex Transportation & Logistics Restructuring

J.S. Held adquiere Element Forensic Engineering, ampliando así sus capacidades especializadas en seguros para reclamos de daños a la propiedad en el segmento de empresas medianas y de grandes en todo Canadá

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Inicio·Preserving Value Through a Complex Transportation & Logistics Restructuring

La situación

A regional transportation and logistics platform operating through 34 affiliated entities faced severe financial distress following a prolonged period of industry and macroeconomic challenges. The business provided a broad range of transportation and logistics services across the continental US and maintained a fleet of more than 2,000 tractors, trailers, and related equipment. At the time of the restructuring, the organization held more than $60M in secured debt obligations with multiple lenders and faced mounting vendor pressures, litigation threats, and liquidity constraints.

Despite extensive efforts to pursue strategic alternatives, including potential sale transactions, refinancing opportunities, and new equity investment, the company was unable to secure a viable path forward. Cash reserves had dwindled to approximately $1K, creating an immediate risk to payroll and payments owed to employees and independent contractors.

To maximize creditor recoveries and preserve viable aspects of the business, the company initiated an Assignment for the Benefit of Creditors (ABC) process under Minnesota law. Our experts were appointed as the Assignee and charged with taking control of operations, safeguarding assets, managing stakeholder interests, and executing a value-maximizing recovery strategy.

Nuestro asesoramiento

Acting in our fiduciary capacity as the Assignee, we oversaw the ABC process, assumed operational control, maintained business continuity, coordinated with secured creditors, managed court-approved financing arrangements, and worked to preserve enterprise value under an exceptionally compressed timeline.

The engagement required the development and execution of a comprehensive sale strategy involving extensive stakeholder coordination and the marketing of the company's operating businesses and assets. Working alongside other advisors, our restructuring experts implemented court-approved sale procedures, managed communications with more than 1,000 creditors, and supported a nationwide sale process that generated multiple qualified bidders and culminated in a competitive auction designed to maximize recoveries.

The resulting transactions included both going-concern sales and orderly asset dispositions. Throughout the process, our team navigated complex creditor interests, multiple secured lenders, operational challenges, and rapidly evolving liquidity constraints while maintaining critical business functions. Our efforts generated more than $30M in transaction value, preserved ongoing business operations, supported the retention of hundreds of jobs, facilitated significant recoveries for secured creditors, and enabled the assumption of certain liabilities that benefited vendors and other stakeholders. What began as a distressed situation with insufficient funds to meet immediate payroll obligations concluded with a successful restructuring and a series of transactions that maximized value for stakeholders and preserved viable business operations in a highly complex and time-sensitive environment.

Áreas de Servicios Relacionados

> Cesión en beneficio de los acreedores (ABC)
Como cesionarios, nuestros expertos financieros y operativos aprovechan una amplia experiencia en reestructuración para liquidar activos y maximizar rápidamente los ingresos para los acreedores, al tiempo que mitigan la responsabilidad y preservan empleos. Nuestro equipo actúa como el CEO y CFO de facto de la empresa en dificultades, tomando el control de las operaciones; gestionando acreedores, empleados y litigios; preparando y ejecutando la venta de activos empresariales; y distribuyendo los ingresos a los acreedores según su prioridad.

 

> Soluciones para situaciones de crisis
Ofrecemos soluciones integradas para empresas en dificultades o insolventes que maximizan la recuperación, mitigan riesgos y restauran el valor de la organización. Nuestros expertos son contratados para ayudar a las organizaciones en crisis a estabilizar sus operaciones, proteger los intereses de las partes involucradas y ejecutar estrategias de recuperación. Adoptamos un enfoque operativo que va más allá del balance general para minimizar un mayor deterioro y construir un camino hacia un crecimiento sostenible.

CONTACTOS PRINCIPALES

For additional information about the engagement or to learn more about our services, contact:

Nuestros expertos