In matters of insolvency, it is imperative that a Creditors" Committee, when it deems it necessary to retain the services of a Turn Around Manager, Consultant or Liquidator, be in a position to retain a professional of impeccable integrity, who is equipped to handle the challenge of working in a complex bankruptcy scenario. It is rare to find a firm that is experienced, professionally adept and can boast a letter of recommendation from a Chief Judge of a Bankruptcy Court, Unger Financial Consultants is such a rarity. Below find a list of some of the more renowned cases handled by this office.
FINANCIAL CONSULTANT TO CREDITOR’S COMMITTEES
NY - Crazy Eddie (Public Corp) - $110,000,000,
OH - Cook United (Public Corp) - $ 97,000,000,
NY - Straitline Marketing - $35,000,000,
NY - Top Brass (Public Corp) - $35,000,000,
NY - Allbrands Appliance & TV - $20,000,000,
MA - Tech Hi- FI (60+Stores) - $15,000,000,
TX - Custom Hi- Fi (50+ Stores) - $15,000,000,
MO - CMC Electronics (60+Stores) - 15,000,000.
OPERTAING TRUSTEE-IN-BANKRUPTCY
MO - CMC Electronics - Chapter 11 Operating Trustee for electronics Retailer with 64 stores, in 6 states, grossing over $80 million in sales annually. $20,000,00 Distribution to Creditors.
MD - Stereo Equipment Sales- Chapter 11 Operating Trustee for multi-state, 9 store, mail order and wholesale company grossing $60 million in sales annually. - $10,000,000 Distribution to Creditors.
GOING OUT OF BUSINESS SALES
NY & NJ - Crazy Eddie, Inc. - $5,800,000 Gross Sale Proceeds.
NY & NJ - Newmark & Lewis - $5,600,000 Gross Sale Proceeds.
MO - CMC Corp. - $5,400,000 Gross Sale Proceeds
