Whitehall Group, L.L.C.

Chapter 11 and Crisis Management

• We recognize that critical, short-term problems demand immediate answers. We can quickly assess the requirements of the situation and assemble the resources that the reorganization demands. The needs of our clients and the demands of their situations determine the nature and extent of our assistance.
• In the middle of a crisis, even the best managers sometimes fail to see required actions, options and possibilities. Managers often feel that the situation is insurmountable or, alternatively, that it will get better with a “business as usual” approach. Managers may be so involved with “fighting the fire” that they are unable to get to the source of the problem. Stockholder and management investment in the company justify a third party, pragmatic perspective.
• New, objective approaches by Whitehall management can re-energize the company. Companies in trouble can be saved, but not without change. Making the necessary changes requires courage and commitment. Sources of weaknesses need to be spotlighted and changes must be made to maximize the company’s strengths. Whitehall will identify required changes and assist in implementing those changes.
• Whitehall can provide our entire spectrum of services to corporate and private equity owners with regard to viability, crisis management, restructuring, opportunities, divestitures, orderly liquidation or chapter 11 proceedings.
• If long-term viability is a concern, Whitehall can quickly address the financial and operational viability of the business.
• Whitehall can then assist companies in identifying and negotiating joint venture and/or sales agreements, maximizing the shareholder value by working closely with your banks, accounting and legal professionals.
• If no viable options for business continuity exist, Whitehall management is skilled in the orderly liquidation process, either on behalf of the secured creditor(s) or directly for the client company.