CEO/Board Member: Transportation and Logistics

Howley Associates LLC, retained by the Board of Directors. Worked with Investor Group, Senior Lenders and other stakeholders on multi-year process.

Andy Howley and his team had successful completion of engagement: maximized return and mitigated risk in a difficult environment.

• Executive and Operating management over multi-year period
• Recommendations to Board and Lenders on strategic direction
• Conducted sale process for spinoff of profitable unit
• Orderly wind-down of non-viable units outside of bankruptcy
• Management of litigation and related matters
• Close working relationship throughout the process with all parties including: outside counsel, governmental units, secured lenders, other creditors, offshore insurance unit and employee groups.