We were retained as financial advisor to this class action law firm, made famous by former employee Erin Brokovich, to advise them through their Chapter 11 bankruptcy filing.
Broadway personnel performed extensive analysis on the company’s operations and pending litigation in support of its cash flow projections.
Broadway developed cash management initiatives designed to reverse the negative cash flow experienced by the company as a result of unforeseen litigation costs and a lack of leadership caused by the departure of key management personnel.
Broadway Advisors performed the finance function within the company and was instrumental in developing the company’s Plan of Reorganization and successful emergence from bankruptcy.