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 The skills required to turn around a faltering company are very different from those needed to manage it day-to-day. Inordinate degrees of patience, persistent diplomacy, and the skillful application of time-honored business principles with relentless discipline secures the cooperation of lenders, vendors, customers, board members and managements. Over twenty years in the turnaround arena, CTM&Co has helped steer countless troubled companies through tough times to successful outcomes. Balancing the demands of often-conflicting constituencies, we have helped businesses align revenues and overhead, rationalize product lines, untangle complex balance sheets, and arrange new equity or debt financing.
In those cases where Chapter XI was inevitable, C.T. Moffitt & Company worked closely with management and other professionals to bring the process to a speedy and positive conclusion, providing assistance with pre-filing planning and preparation, post-filing compliance, asset disposition, and the performance of debtor-in-possession manager roles.
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