Rescue and Bailout

Restructuring to Save a Company


  • A high-tech manufacturing operation was on it's third operator.
  • The company had multiple tiered loans, and partial government funding, suggesting potential adverse tax risks.
  • The operation owed numerous local vendors and government agencies money.
  • The company was unable to continue paying its employees.


  • The Jordan Ramis team sought appointment of a receiver as well as foreclosure.
  • The organization replaced management to facilitate a new operator.
  • A new financing plan was arranged with a public entity.


  • The high-tech company's operations were restored and employees were able to return to work.
  • The adverse tax consequences were avoided.
  • The principal loan was largely repaid.